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HSMV 86720: Renewal application for motor vehicle, mobile home, or recreational vehicle dealers. HSMV 86020: Surety bond for motor vehicle dealers.The certificate of completion for this course is valid for the application of the following dealer licenses: VI, VA, VW, SD. What you'll learn. The Florida Dealer License renewal process is easy! Learn more about the process including cost, multi-year terms, and available discounts. Please read the following instructions for completing the application and make. In order to renew a dealer license, the dealership must complete a three-hour training class each year. In order to renew a dealer license, the dealership must complete a three-hour training class each year. This form is also used for dealer license renewal. Dealers must review for accuracy and complete all items (front and back) and include email addresses.