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There are my different things a wholesale dealer can do.
They can buy and sell at any auction in the US, they can buy and sell to any registered dealer. I know a few people that use it to buy cars, since they have a Tax ID number, they don't pay tax when the car is bought so they export cars out of the country for cheaper. You can also sell to the general public by using a retail dealer to broker the deal.
Since a wholesaler also has access to salvage auctions, you can buy cars for parts, lot of body shops like this.
the good thing about a wholesale license is that is a lot simpler to obtain than a retail license.
I actually got help getting my wholesale license with dealerauctionaccess.com they were very professional and were even able to provide me with a insurance company that helped me get the required insurance and bond needed.
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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.
Where do you get a wholesale car dealers license in british Columbia?
See related link.
How do you go about getting car dealers license in tn?
Different states have different regulations on how to qualify for a wholesale dealers license. So its a good idea to check with your local DMV to check But generally speaking once you have a license from any state then that license is good anywhere in the states.
How many cars you can sell per year without a dealers license in Minnesota?
If you sell more than five vehicles, wholesale or retail, within 12 months, you need a dealers license in minnesota. Jeremiah in Minnesota.
Do used car dealers pay sales tax and license when they buy wholesale?
They are a reseller and do not pay tax when they purchase a car.
Do car dealers get cars wholesale prices?
No Wholesale is what dealers sell to big accounts at, Think Enterprise Rent A Car as a Dealer's customer getting Wholesale. Dealers Get "factory" pricing
Can you work out of your house with a wholesale car dealer license?
All state require an office for a wholesale license. Many states such as California will allow the office to be in your home for a wholesale license only. A retail license usually requires a "car lot" where your customers go to conduct business. Some states will accept an office, other states require a legitmate car lot and may dictate the size, office space, parking spots etc. With a wholesale license you can only sell to other dealers, in and out of your state. Wholesale dealers cannot sell to the public. Check with your own state DMV to find the licensing agency for your state and to obtain the rules and regulations.
You do not want to be a use car dealer but want to sell used cars How can you get an auction license without getting a dealers license and a approved lot?
You could go to ca dealerships and ask if you could rent their license and/ or ability to buy wholesale. Somewhere along the line, wholesale licenses require that you be in business and have a lot.
Can you buy medicine in wholesale?
No,a person without a wholesale license can't buy medicine in wholesale. Wholesale license should be obtained from the board of pharmacy.
How do you get a wholesale car dealer's license in NJ?
How do you get a wholesale car dealer's license in NJ?
What kind of business license is needed to buy wholesale?
what license will you need to purchase wholesale items
What is a wholesale plant license?
What kind of plant needs to be specified? Plant as in Growing - Wholesale plant growers or for example - Food Processing Plant License (Wholesale) - License required to process and/or package food for wholesale to other businesses.
