Motor Vehicle and Parts Dealers Forms for Oakland
US Legal Forms has been providing Oakland Motor Vehicle and Parts Dealers with legal forms and forms packages for over 20 years. Access the largest online library of ready-to-use legal documents online.
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Market presence
US Legal Forms has been providing legal forms and form packages to consumers, small businesses, and attorneys for almost 25 years. |
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Access the largest online library of over 85,000 legal forms created and regularly updated by attorneys and applicable to all 50 states. |
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Trust in facts and proven expertise. Here’s why independent contractors and businesses choose US Legal Forms.
3+ million satisfied users. Users across dozens of industries are already saving time and money with professional legal forms.
Over 85,000 state-specific forms for nearly any kind of business. From Healthcare to Real Estate and Non-profits, our database hosts legal documents, contract templates, and affidavits for thousands of use cases.
20+ years of market presence. Established in 1997, US Legal Forms has been successfully serving users for decades now.
Save time and expenses when finding legal documents for Oakland Motor Vehicle and Parts Dealers
US Legal Forms is a well-known online solution with the largest collection of state-specific legal forms for Oakland Motor Vehicle and Parts Dealers . Save time and money and easily get authorized blanks and packages that relate to your business needs. Preview each sample, if available, and read its description before saving it to your device. Leverage the additional options (premium features) for document management: modify, complete, and add legally-binding electronic signature all for a affordable price.
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FAQ
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...
To buy and sell cars for a profit on a regular basis without a dealer license is illegal in every state. What happens if I sell cars without a dealer license? Selling vehicles for a profit without a license is illegal in every state. If caught, the penalty is a hefty fine and even possible jail time.
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.
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.
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.