http://www.dot.state.tx.us/services/motor_vehicle/licensing/default.htm
This will give you all the requirements for a dealer license in the state of Texas.
2006-12-17 11:25:15
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answer #1
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answered by fire4511 7
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TEXAS
Ph: 877-366-8887
Any person who is engaged in the business of buying, selling or exchanging motor vehicles, motorcycles, travel trailers or trailers/semi-trailers is required to obtain a dealer license. The Motor Vehicle Division assigns a current valid, general distinguishing number for locations in each city municipality. The main exception is for a person who sells fewer than 5 vehicles in a calendar year, provided the vehicles are titled and registered in such person's name.
New Franchise Dealer License Fees: $175.00 franchise fee plus $500.00 for each required general distinguishing number (motor vehicle, motor cycle, travel trailer, trailer/semi-trailer, wholesale and wholesale auction). Annual renewal fee is determined by number of cars sold in a calendar year ($175.00 - $750.00 for license plus $200.00 for each required general distinguishing number).
Used Car Dealer License Fee: $500.00
Used Car Dealer Renewal Fee: $200.00 per year for each general distinguishing number.
2006-12-19 09:23:33
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answer #2
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answered by Ansrgeek 7
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