Motor Vehicle and Parts Dealers Forms for San Bernardino
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Run your business responsibly using legal form templates for San Bernardino Motor Vehicle and Parts Dealers
US Legal Forms has been delivering comfortable access to San Bernardino Motor Vehicle and Parts Dealers legal documents for more than 25 years. The library of online templates is state-specific, which means each form is built for the laws in your state and is updated by expert attorneys on a regular basis. Using the library saves efforts and helps you concentrate on business targets instead of 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.
Notice of Changes to Dealer's License Every dealer must notify the DMV within 10 days of any change in the ownership or corporate structure of the licensee.
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 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...