Motorcycle, Boat, and Other Motor Vehicle Dealers Forms for Riverside
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Quit wasting time with infinite searches for industry-specific legal blanks and leverage the largest online directory of Riverside Motorcycle, Boat, and Other Motor Vehicle Dealers templates arranged by state. US Legal Forms is a trustworthy and well-known platform that gives access to more than 85,000 forms covering company and individual requirements at a affordable price.
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FAQ
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...
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.
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.
If you paid online and did not receive a confirmation of payment, please allow 72 hours and then contact the DMV contact center at 1-800-777-0133.
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.