Category: Uncategorized

August 13, 2021

Alaska Auto Dealer License Guide

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Alaska auto dealer bond needs. Learn how to get an Alaska car dealer license, and contact us today to request a quote on the bond you need. What Are the Different Types of Alaska Auto Dealer Licenses? Alaska’s Division of Motor Vehicles (DMV) issues only one type of auto dealer license, regardless of the types of vehicles sold. You’ll need to obtain an Alaska auto dealer license if you plan to sell more than five vehicles in a 12-month period. What Are the Steps in the Licensing Process? The licensing process is fairly straightforward: Download the auto dealer license application and fill it out completely. The application must be notarized before submission. Purchase a $100,000 Alaska auto dealer license bond ($25,000 if the only vehicles you will sell are motorcycles). Obtain a business license designated as “LOB 42: Trade.” Complete a Dealer Plate application if necessary. Attach the bond and business license and submit all of the above, along with: A photograph...

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August 13, 2021

Alabama Car Dealer License Guide

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Alabama car dealer license bond needs. Learn how to get an Alabama car dealer license, and contact us today to request a quote on the bond you need. What Are the Different Types of Alabama Car Dealer Licenses? The Alabama Department of Revenue (ADOR) issues four different types of car dealer licenses for Retailers Wholesalers Rebuilders Reconditioners All Alabama car dealer licenses must be renewed as of October 1 of each year, regardless of when it is issued. What Are the Steps in the Licensing Process? All car dealer licenses require completion of an online application. Retail dealers must first obtain a sales tax number through ADOR. When you’ve finished making the required entries in the license application, a transmittal sheet will be displayed, listing all of the supporting documents you must mail to ADOR. These include documentation related to your business location, proof of liability insurance, and a car dealer bond for a minimum of $50,000. Once you obtain your regulatory...

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August 13, 2021

Illinois Car Dealer License Guide

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Illinois auto dealer bond needs. Learn how to get a Illinois car dealer license, and contact us today to request a quote on the bond you need. What Are the Different Types of Illinois Auto Dealer Licenses? In Illinois, auto dealers are licensed by the Secretary of State, Vehicle Services Department, Dealer Licensing Section. The main types of licenses are: New and used vehicles Used vehicles only Motorcycles Trailers Community-based manufactured homes Manufactured home dealer Salvage dealer Buy here pay here used vehicle dealer The focus of this guide is on obtaining a used vehicles only license. What Are the Steps in the Licensing Process? Before applying for your dealer license, you’ll need to: Secure a permanent business location that meets the requirements of the Illinois Administrative Code, Section 1020.10. Complete eight hours of pre-licensing training conducted by the Secretary of State’s office. Register as a retailer with the Illinois Department of Revenue and obtain a tax number. Purchase general liability insurance...

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August 13, 2021

Idaho Car Dealer License Guide

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Idaho auto dealer bond needs. Learn how to get an Idaho car dealer license, and contact us today to request a quote on the bond you need. What Are the Different Types of Idaho Auto Dealer Licenses? Every motor vehicle dealer license issued in Idaho is either a retail license or a wholesale license. Those two broad categories are further divided according to the types of vehicles sold. There are five dealer license types for the sale of new vehicles, which include watercraft, RVs, trailers, snowmobiles, and ATVs in addition to cars and trucks. The most commonly issued dealer license allows the sale (retail or wholesale) of all used vehicles of any type, including trailers, ATVS, snowmobiles, and so on; this type of license is the focus of this article. What Are the Steps in the Licensing Process? There are several things you’ll have to do before applying for your Idaho auto dealer license, such as: Calling the Idaho Dealer Team at...

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August 13, 2021

Georgia Car Dealer License Guide

Georgia Car Dealer License Guide Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Georgia auto dealer bond needs. Learn how to get a Georgia car dealer license and contact us today to request a quote on the bond you need. What Are the Different Types of Georgia Auto Dealer Licenses? Georgia issues the following types of auto dealer licenses: Franchise (new vehicle) dealer license, which also permits the sale of used vehicles Independent (used car) dealer license, which permits both retail and wholesale vehicle sales Auction/Wholesale dealer license, which permits exclusively wholesale or auction sales/purchases of motor vehicles This article focuses on the licensing of used car dealers by the Georgia Board of Used Motor Vehicle Dealers. What Are the Steps in the Licensing Process? Key steps in the licensing process for used car dealers are: Registering the business with the Georgia Department of Revenue and obtaining a sales tax number. Completing an approved pre-licensing seminar. (License renewal requires completion of six hours of continuing education.) Pre-registering for fingerprinting at:https://www.aps.gemalto.com/ga/index.htm....

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August 13, 2021

Florida Car Dealer License Guide

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Florida car dealer bond needs. Learn how to get a Florida car dealer license, and contact us today to request a quote on the bond you need. What Are the Different Types of Florida Auto Dealer Licenses? The Florida Department of Highway Safety and Motor Vehicles (DHSMV) Bureau of Dealer Services issues these types of dealer licenses: Vehicle Franchised dealer (VF) Service facility (SF)—operated by a franchised dealer Vehicle Independent dealer (VI)—dealing in used motor vehicles Vehicle Wholesale dealer (VW) Vehicle Auction dealer (VA) Salvage dealer (SD) Mobile home dealer (DH) Mobile home broker (BH) Recreational motor vehicle dealer (RV) Recreational used motor vehicle dealer (RU) This article focuses specifically on the licensing process for used motor vehicle dealers seeking a VI license. What Are the Steps in the Licensing Process? Before applying for a VI dealer license, you must complete an approved pre-licensing dealer training course and obtain a permanent business location. You will also need to gather the documents that...

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August 13, 2021

Delaware Auto Dealer License Guide

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Delaware auto dealer bond needs. Learn how to get a Delaware car dealer license, and contact us today to request a quote on the bond you need. What Are the Different Types of Delaware Vehicle Dealer Licenses? Delaware’s Division of Motor Vehicles issues dealer licenses in 12 categories: New Vehicle Dealer, Used Vehicle Dealer, Trailer Dealer, Mobile Home Dealer, Motorcycle Dealer, Recreational Vehicle Dealer, Wholesaler, New Truck Dealer, New Equipment, Transporter, Repossession and Auction, Recycler. This article focuses exclusively on getting licensed as a used vehicle dealer. What Are the Steps in the Licensing Process? You must have been a Delaware resident, with a Delaware driver’s license, for at least 90 days before applying for licensing as a used vehicle dealer. You’ll need to complete a dealer license application and submit it along with such items as: A criminal history background check and signature authorization Local zoning approval Proof of liability insurance Copy of your business license from the Division of revenue...

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August 13, 2021

Connecticut Car Dealer License Guide

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Connecticut car dealer license bond needs. Learn how to get a Connecticut car dealer license and contact us today to request a quote on the bond you need. What Are the Different Types of Connecticut Car Dealer Licenses? The Connecticut Department of Motor Vehicles issues Dealer/Repairer licenses to dealers selling new or used motor vehicles and to repair shops, with different requirements for each. This article addresses only the licensing of used car dealers. The licensing of new car dealers is very similar but requires documentation of a contract or franchise agreement with a vehicle manufacturer. What Are the Steps in the Licensing Process? All of the forms and instructions for obtaining a Connecticut car dealer license can be downloaded from the Connecticut DMV website. In addition to completing all the necessary forms, you’ll need to gather certain supporting documentation to submit with your application package, such as: Local zoning approval Trade name certificate from town clerk License inspection application Proof of...

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August 3, 2021

Do You Need a Surety Bond to Obtain a Liquor License?

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. In this guide, we’ll walk you through how to get a liquor license.  With access to a broad range of surety markets, our expert agents are ready to assist with all of your  alcohol tax bond needs. 

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August 3, 2021

BMC-84 vs. BMC-85 Bonds: What’s the Difference?

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. In this post, we’ll discuss the key differences between BMC-84 and BMC-85 bonds, so you can determine which is right for your needs. With access to a broad range of surety markets, our expert agents are ready to assist with all of your freight broker or freight forwarder bond needs.

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