National Independent Automobile Dealers Association
Serving Quality Independent Automobile Dealers Since 1946

Dealer Bond And Licensing Information » Michigan

Bonds

$10,000 bond required.

Dealer License

An individual selling five or more vehicles in a year is considered a dealer and must be licensed. Annual dealer license shows the dealer's classification.

Dealer Classifications:

Class A - New Vehicle Dealer
Class B - Used Vehicle Dealer
Class C - Used Vehicle Parts Dealer
Class W – Broker
Class E - Distressed Vehicle Transporter
Class F - Vehicle Scrap Metal Processor
Class G - Vehicle Salvage Pool Operator
Class H - Foreign Vehicle Salvage Dealer
Class R - Automotive Recycler
Class W – Wholesale Dealer

Contact the Michigan Independent Automobile Dealers Association for additional information.