Used Car Dealers Forms for Alameda
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US Legal Forms offers thousands of state-specific templates for Alameda Used Car Dealers at a reasonable cost to help your business operate better. Whether you need a package of forms to start or sell your business, hire new workers, or appropriately conduct daily operations, you can easily find them all in our catalog in clicks.
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FAQ
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.
When buying a car in California, you typically have to fill out a lot of paperwork and send it all to the DMV. That includes the bill of sale, registration, vehicle title and application and smog certificate. You may also have to provide loan documents if you took out a loan to buy the car.
It must be free from liens or tickets; The buyer must return it in the same condition it was purchased; All original paperwork must be available; and. The odometer on the used car must not display mileage that is greater than what the contract allows.
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.
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...