Other Motor Vehicle Dealers Forms for Wayne
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FAQ
The Indiana Secretary of State licenses all Indiana car dealers. You are legally allowed to sell up to 12 vehicles in a year, as long as those vehicles are registered in your name and used primarily for personal, family, or household use.
How to Get an Auto Dealer's License With No Storage LotContact the Zoning Department.Contact the Secretary of State's Office.Contact the Department of Motor Vehicles.Complete the Auto Dealer Application.Apply for a Surety Bond.Complete a Dealership Training Course.Register the Business Name.Apply for a Sales Tax Number.More items...
Retail Dealers are required to have a commercial office dedicated to your dealer business, a two-foot square sign with your name and address posted permanently outside, and a display area. The display area must be large enough for at least one vehicle and reserved as a Display Area Only.
If you want to obtain an Indiana Dealers license all you need to do is obtain a dealer surety bond and insurance from an insurance agency, obtain a Federal Ta ID & Indiana Sales Ta License, have your fingerprints taken, have a building and lot, sit through a 4 hour training course, then submit a Indiana Dealer License
If a felon has been convicted of a non-violent, non-motor vehicle dealer crime, this most likely will not affect his or her ability to get approved for a dealer license.
On the most basic level, you'll need a physical location for your dealership that meets the state's premises requirements, and a dealer surety bond in the amount of $50,000. Dealer licenses are $700 + dealer plates and are issued for two-year terms.