How does one obtain a dealer's license?
12-20-2001, 07:43 PM
#1
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How does one obtain a dealer's license?
How does one obtain a dealer's license
Can someone help me with a resource to figure out how to obtain a dealers license? I would like to be able to attend wholesale auctions and maybe setup a website to buy and sell cars.
Thanks,
Goobu
Can someone help me with a resource to figure out how to obtain a dealers license? I would like to be able to attend wholesale auctions and maybe setup a website to buy and sell cars.
Thanks,
Goobu
12-20-2001, 10:21 PM
#3
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goobu,
cheapest way is to become a "wholesaler".
you need to apply to your state and have 'garage keepers insurance" usually
about $4000.00 a year for the insurance and about 50.00 to a 100.00 for each d-plate.then
you have to post your bussiness address and
have a shingle to hang out. most guys just
pay a small dealer to hang their shingle and
200.00 to 300.00 per car to do the paper work
and collect the taxes on retail sales. you
see thisd really isn,t for the faint hearted.
keith
cheapest way is to become a "wholesaler".
you need to apply to your state and have 'garage keepers insurance" usually
about $4000.00 a year for the insurance and about 50.00 to a 100.00 for each d-plate.then
you have to post your bussiness address and
have a shingle to hang out. most guys just
pay a small dealer to hang their shingle and
200.00 to 300.00 per car to do the paper work
and collect the taxes on retail sales. you
see thisd really isn,t for the faint hearted.
keith
