To get a dealer's license without a lot, you can apply for a wholesale license. Obtaining a wholesale license does not require a lot. However, a wholesale license only allows you to sell, buy, and trade cars among wholesale dealers and you can't sell cars to car end users.
8 Steps to Getting a New York Dealer License Identify the Type of Dealer You'll Be. Register Your Business. Get a Business Location. Secure an Auto Dealer Bond. Get Proof of Liability Insurance. Obtain a Dealer's Starter Kit. Schedule a Business Location Inspection. Submit Your Application.
A wholesale license is valid in all 50 states, even California. Unlike a retail license that requires that vehicle are displayed for sale only at the license facility, a wholesale license can buy and sell to any dealer or auction in all 50 States.
8 Steps to Getting a New York Dealer License Identify the Type of Dealer You'll Be. Register Your Business. Get a Business Location. Secure an Auto Dealer Bond. Get Proof of Liability Insurance. Obtain a Dealer's Starter Kit. Schedule a Business Location Inspection. Submit Your Application.
Published . A wholesale agreement binds a supplier and a customer and establishes the business's rights and obligations between the two parties.
A wholesale agreement is a contract that transfers the ownership of goods from an original seller to the buyer through an intermediary, called the wholesaler. In this type of agreement, the original seller sells the product to the wholesaler.