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

Dealer Bond And Licensing Information » Maryland

Bonds
Based upon sales volume, surety is required for all dealers.
Dealer License

Motor vehicle dealer must be licensed if he has sold more than 5 vehicles during a year. Dealer must have a location approved by an authorized representative of the MVA and must complete an applica­tion to be approved by the Business License & Consumer Services Division of the MVA, and must submit a bond in the name of the dealership. Laminated dealer photo license issued; annual renewal by mail is required.

Dealer License Fees:

$500.00 New and Used Dealer
$300.00 for boat trailer dealers and trailers 15 feet or less

 

Contact the Maryland/Delaware Independent Automobile Dealers Association for additional information.