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Category: Auto Dealer Bond

How to get a Auto Dealer License?

Auto Dealer License. Contact the Department of Transportation - Motor Vehicle Department ( MVD) or go to their Web site in your State. If you plan on doing any financing or arranging financing you also need a license from the Office of the Consumer Credit Commissioner. For a retail used car dealer, you must pay a license fee for dealer license application plus a fee per metal dealer...

Auto Dealer Bonds - Dealer License

Dealer Bonds are required by the Motor Vehicle Departments in the State where you live  in order to get a Dealer License. Auto Dealer Bond will guarantee that dealer will obay the rules and regulations of the State whare your buisness opeartes. The Auto Dealer Bonds usually costs around 0.50% to 1.50% of the value the Bonds amount. To qualify for a dealer bond you have...