Used Car Dealers Forms for Cuyahoga
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FAQ
It is not actually possible to operate a dealership in the State of Ohio without a display lot. If you would like to start the process of obtaining an Ohio used motor vehicle dealer license, please view our Class Schedule page to take the 6 hour dealer training course online, or in a classroom near you.
How many motor vehicles can I sell before I must obtain a motor vehicle dealer's license? Five motor vehicles within a 12-month period.
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...
How to Get an Ohio Dealer LicensePick Your Ohio Dealer License Class.Register Your Business.Find a Suitable Location For Your Dealership.Complete a Dealer Training Course (used car dealers only)Pass a Criminal Background Check.Cover the Minimum Net Worth Requirement.Get an Ohio Auto Dealer Bond (used car dealers only)More items...?
The State of Ohio would like you to have a net worth of at least $75,000 before you apply for an Ohio dealer license. You are also required to obtain a $25,000 dealer surety bond. A $25,000 dealer surety bond is based on your credit score and if you have good credit your bond should cost about $200 to $250 a year.
Transfers of ownership cannot be submitted electronically using the ELT process. DPS did not build the interface used by lienholders for this process; lienholders can choose from a number of third-party service providers doing business in Ohio.