In cast to sell used cars legally, you must achieve a dealer's licence that is issued by your management. Before you decide to receive your license, you should bias if you appetite to sell used cars for wholesale or retail. Wholesale money you sell your used cars directly to a dealership who then sells them to the usual. Selling used cars in retail resources you engage in your own used vehivle portion, selling used cars directly to the usual. You can earn either a wholesale or retail dealer licence or both by completing the Correct paperwork.
For instance, in California you must take a 6 hour class and pass a 40 question exam.3. Complete the course and successfully pass the exam to get your license. You must turn in your application, which will require information such as the location of your car lot and what type of used vehicles you will be selling.
You can also contact the National Automobile Dealers Association to determine which office you must get in touch with (see Resources).
2. Receive all pertinent forms for obtaining your license. The majority of states will require an instructor-led class that you must pass in order to obtain your license.
Instructions
1. Ring your country charge work or drive to your community Branch of Engine Vehicles (DMV) for guidance on where to get your used vehivle dealer license (clock Wealth). The backing that inquiry the licenses vary from authority to government.Some states may even require that you obtain a business license before receiving a dealer license. Turn in your application to the appropriate office and wait for it to be approved.
4. Receive your temporary license once your application is approved. With your temporary license you can begin building your used car dealership by ensuring that your location meets all your city's zoning regulations.
5. Prepare for inspection from the DMV. Prior to the inspection you must present photos of the location, such as outdoor and indoor signs, inside and outside of the office, resale permit, business license, telephone, cabinet or safe, DMV dealer book and checkbook.
6. Submit your zoning approval letter, business license and resale permit to the office that issued your temporary license. You will be granted your permanent license within 120 days.
