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

Dealer Bond And Licensing Information » Tennessee

Bonds

Bond is filed with Motor Vehicle Dealer Commission.

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.

Contact the Tennessee Independent Automobile Dealers Association for additional information.