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| Bonds |
A $10,000 surety bond is required for all used motor vehicle dealers, rebuilders, reconditioners and wholesalers. A $25,000 surety bond is required for all new motor vehicle dealers. A $10,000 bond is required for all automotive dismantlers and parts recyclers.
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| Dealer License |
Dealers must obtain a Regulatory Permit from the Sales, Use & Business Tax Division. The permit must be presented to the county license issuing official for issuance of a Privilege License and license plate, and the Taxpayer Service Center for tag issuance.
Categories of Regulatory Licenses:
New Car Dealer, Used Car Dealer, Dismantler, Wholesaler, Rebuilder, Reconditioner.
Dealers must fulfill the following requirements:
- provide evidence that motor vehicle held for resale are covered by a blanket liability insurance policy
- display a sign designating the place of business
- describe and insure permanency of the place of business
- provide display area for one or more vehicles and a place for maintaining books and records.
Motorcycle and trailer dealers are exempt from regulatory permit. Licenses are renewed annually in person or by mail.
Dealer License Fees:
$10.00 per category, plus $45.00 or up to $210.00 for the Privilege License depending upon the city or county of dealership
$225.00 for automotive dismantlers.
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