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| Bonds |
Bond is filed with Motor Vehicle Dealer Commission.
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| Dealer License |
When an individual sells more than 5 vehicles during a calendar year, he is considered in business and must be licensed by the state as a dealer.
When applying for license, new vehicle dealers must submit a franchise agreement.
New Vehicle Dealer License Fee: $200.00 for each branch upon application/renewal and each line-make authorized to sell. Used vehicle dealers may not sell new vehicles.
Used Vehicle Dealer License Fee: $200.00 upon application/renewal
A facility inspection is conducted for all dealers prior to license issuance.
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