Motorcycle, ATV, and Motor Vehicle Dealers Forms for Alameda
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US Legal Forms has been delivering easy access to Alameda Motorcycle, ATV, and Motor Vehicle Dealers legal documents for more than 25 years. The library of online samples is state-specific, meaning every form is built according to the regulations in your state and is updated by professional attorneys regularly. Utilizing the library saves time and helps you focus on company targets rather than burdensome bureaucracy.
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FAQ
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.
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.
Within the state of California, you can only sell up to five vehicles within a year without a vehicle dealer's license. Of course, the vehicles must be registered in your name. If they are not registered in your name when you sell them, you are committing a felony offense.
The bond value often depends on the types and number of vehicles sold, but $25,000-$50,000 is typical. You must fully pay a small percentage of that before a state considers your application complete. Those are just some of the common requirements.
How to Get a Car Dealers License in California? (13 Steps)Take The Required Dealer Pre-License Training Class (California DMV Approved)Take the DMV Dealer Test.Decide on a Dealer License Type.Name Your Business.Decide Corporation, LLC, or Sole Proprietorship?Open a Bank Account.Get a Live Scan.More items...
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...