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| Bonds |
Required. A $50,000 corporate surety bond for new or used vehicle dealers. A $1,000 corporate surety bond for new or used motorcycle or small trailer (750 lbs. unladen weight or less) dealers.
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| Dealer License |
License is required for all dealers. A dealer is an individual selling or exchanging three or more new or used motor vehicles within a 12-month period. All applicants are investigated by the Motor Vehicle Enforcement Division. Form TC-300 lists all required forms.
Dealer License Fees:
New Vehicle/large trailer $127.00
Used Vehicle/large trailer $127.00
Vehicle Salesperson $31.00 (plus $15 BCI fee – Sales people must pay BCI fee for new licenses or if current
license is expired for 2 years.)
Vehicle Transporter $51.00
Vehicle Dismantler $102.00
Distributor $61.00
Salesman Transfer/reissue $5.00
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