Dealerships Forms for San Diego
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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...
A California law that went into effect Jan. 1 mandates vehicles sold by dealerships be fitted with black-on-white, numbered paper placards. Temporary plates are valid for 90 days, meaning that the old, temporary dealer paper plates should have been off streets by the end of March.
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.
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.
As of late 2020, you're able to sell up to 5 vehicles per year as a private party. That means no licenses needed, dealer education, sales taxes paid, etc. if you only want to sell 5 cars per year.
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.