Mississippi Automobile Dealers Industry Information Pamphlets
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How to fill out Automobile Dealers Industry Information Pamphlets?
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The FTC's (Federal Trade Commission) Used Car Rule requires California Dealers to post a Buyers Guide in every used car they offer for sale. You must post a Buyers Guide before you display a vehicle for sale or let a customer inspect it for the purpose of buying it, even if the car is not fully prepared for delivery.
The Buyers Guidethe major mechanical and electrical systems on the car, as well as some of the major problems that consumers should look out for;whether the vehicle is being sold "as is" or with a warranty;what percentage of the repair costs a dealer will pay under warranty;More items...
You can register for your 8 hour course on the Mississippi Independent Auto Dealers Association website. There is a $395 registration fee for the course and you will need to register at least a week before your course.
Every year, your five vehicle allotment will start over, allowing you to sell five vehicles every single year you are a California resident.
Mississippi Motor Vehicle CommissionThe Commission.Mississippi Department of Revenue.
These include:Establish an approved business location in the state of Mississippi.Complete an 8-hour pre-licensing course available on the Mississippi Independent Auto Dealers Association website and obtain a Certificate of Course Completion.Obtain a Federal Employer Identification number issued by the IRS.More items...?
Generally, you are allowed to sell no more than four vehicles per year without having an auto dealers license under Department of Licensing (DOL) guidelines. However, you are not allowed to title these vehicles in your name without paying either sales tax or use tax.
You must obtain a dealer surety bond and insurance in order to obtain an Mississippi dealers license. I always recommend this as the first step in obtaining a Mississippi dealers license. The cost of a dealer surety bond is based on your credit score and the cost of your insurance is based upon your driving record.
Generally, you are allowed to sell no more than four vehicles per year without having an auto dealers license under Department of Licensing (DOL) guidelines. However, you are not allowed to title these vehicles in your name without paying either sales tax or use tax.
Auto dealers are subject to extensive federal and state consumer protections. Dealers are regulated effectively by, among other agencies, the Federal Trade Commission (FTC) and the Federal Reserve Board.
