answersLogoWhite

0


Best Answer

Here is a reprint of the Florida state page linked to the right:

In Florida, motor vehicle dealers are licensed and regulated by the Division of Motor Vehicles under Section 320.27 Florida Statutes.

The Law

Florida law states that any person, firm partnership, or corporation that buys, sells, offers for sale, displays for sale or deals in three or more motor vehicles in any 12-month period is presumed to be a motor vehicle dealer and must have an appropriate license issued by the State.

License Types

There are four classes of licenses issued to motor vehicle dealers. They are:

Independent Dealer--for a person dealing in used motor vehicles only. This license permits the licensee to transact business at retail or wholesale.

Franchise Dealer--allows the licensee to sell new motor vehicles under an agreement with a manufacturer. This license also permits the licensee to sell used motor vehicles.

Wholesale Dealer--licensees may only buy from, sell to, and deal at wholesale with other licensed dealers.

Auctions--are licensed to sell, on behalf of licensed dealers, through the bid process. Auctions may not sell retail.

Application

Before going into the business of selling motor vehicles, a person must submit a completed application, with required documentation and fees. License applications may be obtained from any Division of Motor Vehicles' regional office.

General DMV Requirements

  • Approval of business location by a DMV representative.
  • Completed application form.
  • Fee of $300 for each main location.
  • $25,000 surety bond or letter of credit.
  • Garage liability insurance.
  • Copy of lease for location or proof of ownership.
  • Dealer training seminar certificate.
  • Registration of fictitious trade name.
  • Copy of corporate papers.
  • Sales tax number.
  • Federal employer identification number.
  • Fingerprints and applicable fees. ($47 per person).

Note: Franchise dealers must meet certain additional requirements.

Failure To Obtain A License

Any person violating these licensing requirements is guilty of a second-degree misdemeanor, punishable by up to six months in jail and/or fine of $500. Such person will also be liable under civil law for violation of Florida�s Deceptive and Unfair Trade Practices Act, subject to fines of up to $5000 per violation, and may face a permanent injunction issued by a circuit court.

More Information

If you have questions about application procedures and licensing requirements, contact the DMV regional office.

More Information from the KrazyKarGuy - "License for a fee - $199 to $299 a month"

There are companies in Indiana advertising on the internet now offering to license you for a fee.

These Indiana licenses will allow you to sell to other dealers and wholesalers ONLY. You cannot sell retail to the consumer from your home or on the Internet. Investigate any "licensing for a fee" with the dealer licensing board in YOUR state.

These Indiana companies don't really make that very clear. You could get in a lot of legal hot water by not knowing the laws in YOUR state for buying and selling cars in YOUR state where you are making transactions. The State of Indiana could also get involved if you violate the guidelines of your Indiana license. ALL state statutes (laws) level hefty fines and in some cases jail time for violations.

As an example; Wal-Mart may be have its corporation licensed in Delaware (most companies do) but it MUST follow the laws in all the states where it ACTUALLY does its business transactions. If it doesn't, any state where it does business will take action.

As a dealer doing transactions in a state other than the one you're licensed, you MUST do the same; i.e. follow the laws and licensing statutes of the state where the transaction actually takes place... the location of the product (car) being sold. Selling on the Internet does not absolve you from licensing in the state your doing transactions.

One of the Indiana companies has a "retail" package. You cannot use a retail license in Indiana to make retail transactions in your state if the vehicle is not located in Indiana. Again, the Internet is not a place, its a form of advertising just as classified ads. Verify this with your state licensing board. Protect yourself.

User Avatar

Wiki User

โˆ™ 2010-12-16 17:40:52
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar
Study guides
๐Ÿ““
See all Study Guides
โœ๏ธ
Create a Study Guide

Add your answer:

Earn +20 pts
Q: How do you get a car dealer's license in Florida?
Write your answer...
Submit
Related questions

How many cars can you sell per year in Florida without needing a dealers license?

You can sell 2 without a license. Once you sell that 3rd car you need a dealers license.


How much does an auto dealers license cost in Florida?

An auto dealers license, in the state of Florida, will cost $500. The license is attached to a single location. Multiple locations will each need their own license.


How do you get a license to sell cars in Florida?

apply for and take a dealers license class


How do you get your car dealers license in Minnesota?

How can I get dealer license in Toronto?


How do you get car dealers license in new jersey?

The Motor Vehicle Commission Business Licensing Services Bureau Dealer Licensing Unit gives the car dealers licenses in New Jersey. The car dealers have to fulfill all the conditions stipulated for them to be offered with a dealers license.


How can you get a used car license in Oklahoma?

I can't find out what it requires to obtain a used dealers car license.


How do you get a used car dealers license in SC?

What is the prosidure to obtain a used car dealer license in s.c.


Can you get a car dealers license in California without a car lot?

Yes


Can you be turned down for a car dealers license?

Yes you can


Do you need a Florida car inspection to get Florida license plate?

No. There is no Florida car inspection.


How you can obtain dealers license in Florida?

You will need to contact the state, but first you will need a Used Car Dealer Bond or New Car Dealer Bond. It depends on what type auto dealer you are.


HOW DO YOU GET A CAR DEALERS LICENSE TO SELL CARS?

In the US, dealers are licensed by the State. You will also need a business license. Check with your state licensing agency.


Can a car dealer sell you a car if you do not have a license?

Yes. Car dealers don't mind selling their cars to everyone even if their customers have no license at all.


What cars do they have in Florida?

Any car the dealers near you would have


Where do you get a wholesale car dealers license in Texas?

Wholesale car dealers license in Texas are issued by the Texas Department of Motor Vehicles, motor vehicle division. Dealers must also register with the Texas Department of Transportation for a GDN or general distinguishing number.


Is there a limit on the number of used cars you can sell without requiring an okla dealer's license?

If you buy and sell even 1 car for profit you need a dealers license. If you are selling a car and are not selling it for profit you do not need a dealers license. In essence this means if you sell your own car you will not make a profit so you do not need a license.


Can an ex-felon obtain a car dealers license in the state of Texas?

In Texas, an ex-felon can obtain a car dealers license. However, the state requires the felony to have occurred at least 3 years prior from sentence, probation, or parole.


Can someone without a dealers license buy and sell several cars in a month even if they put the car in there own name In the state of California?

If you sell even 1 car for a profit you need a dealers license. If you are selling them at a loss then you need no license but what would be the point of that.


Can a used car dealers license be used in other states?

No, you can only sell cars in the state that issued the license.


Where do you get a wholesale car dealers license in british Columbia?

See related link.


Can a felon obtain a car dealers license in Colorado?

Type your answer here... yes


How many cars can you sell per year in Rhode Island before needing a dealers license?

You can sell 3 without needing a dealers license. If you sell that 4th car you re considered a dealer and need a license.


Do you need a drivers license to buy a car in Florida?

Yes, a drivers license is one of the documents required in Florida to buy a car. A license can be obtained once a person has driven on a permit for 6 months.


Do you need a license to buy a car in florida?

The Florida Highway Safety Motor Vehicle website makes no claim that a license is required to buy a vehicle. Obviously you must have a license to drive one, but owning a car is legal without a license.


How many Harley Davidson dealers are there in Florida?

46 dealers in Florida