Montana Automobile Dealers Industry Information Pamphlets
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How to fill out Automobile Dealers Industry Information Pamphlets?
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FAQ
How Many Vehicles Can I Sell in California in a Year? Within the state of California, you can only sell up to five vehicles within a year without a vehicle dealer's license.
To get a car dealer license so you're able to sell cars, start by obtaining a business license from the U.S. Small Business Administration office near you. Then, apply for a surety bond with a bond company and sign a credit release agreement with them.
10 Things You Should Never Say to a Car SalesmanI really love this carI don't know that much about carsMy trade-in is outsideI don't want to get taken to the cleanersMy credit isn't that goodI'm paying cashI need to buy a car todayI need a monthly payment under $350More items...?
You cannot sell more than 4 vehicles registered to you in any 12-month period. You cannot buy and sell vehicles for the purpose of making a profit. You cannot sell any number of vehicles that aren't registered to you.
There is no minimum number of cars an individual can sell before they are deemed to be a trader. A person will only be considered a trader if they buy cars mainly for the purpose of reselling them at a profit, regardless of the number of vehicles sold each year.
Submit paperwork and fees. Fees are listed on the license application form and range from $30 - $500. Dealer plates are $35 each.
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...
How To Obtain A Montana Dealer LicenseStep One: Decide What Type Of License You Need.Step Two: Complete the Montana Car Dealer License Application.Step Three: Purchase A Motor Vehicle Dealer Bond.Step Four: Complete The Remaining Forms.Step Five: Inspect Location.Step Five: Submit!
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.