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i would like to know i think its good to have one i live in ny by the way

2007-01-21 05:54:38 · 3 answers · asked by bk_ave 2 in Cars & Transportation Buying & Selling

3 answers

Here are some of the things you'll need:

* A business certificate from your county clerk
* If you'll have employees, a federal employee ID number and proof of worker's compensation and disability insurance coverage
* A sales tax number and a copy of the Certificate of Authority issued by the New York State Department of Taxation and Finance (assuming you will collect sales tax)
* Proof of insurance that will cover vehicles owned or operated by the dealer and sporting dealer plates
* A surety bond in an amount ranging from $20,000 to $50,000, depending on the type of dealership (see Form VS-1.1 for a breakdown)
* Franchise agreements with manufacturers of new vehicles you intend to sell (not required for selling used vehicles)
* A statement of ownership or permission to use the place of business (Form VS-19)
* A photocopy of the driver license or non-driver photo ID from the company's owner, president, or partner

Here are the complete NY regulations
http://nysdmv.com/forms/cr78.pdf

Here are 2 forms you'll need to fill out when ready
http://www.nydmv.state.ny.us/forms/vs1.pdf
http://www.nydmv.state.ny.us/forms/vs11.pdf

2007-01-21 06:16:02 · answer #1 · answered by Jeremy L 2 · 0 0

in case you do no longer understand this, then you definately ahve no longer acceptable investigated what it takes to be a broking. that's no longer an trouble-free profession, Its much greater solid now than ever till now. you're able to desire to circulate to the ny DMV internet site and verify out the deaelr standards. they're strict, and hefty. i'm helpful ny is a minimum of as strict as NV - the place i'm. My bond for 2008 on my own grow to be over $7000. and that i'm small potatoes. you like coverage. a place of employer. Utilities. Licenses. Bonds. Its overwhelming to the unitiated. go the th ny DMV internet site and study it. Then ask your self this: If I cant be botehred to take the very minimum steps to look at this, do I even have the force to make it a profession?

2016-11-26 00:18:51 · answer #2 · answered by ? 4 · 0 0

Go to your state Secretary Of State Licensing division - either in person or on-line, get the requirements, fill out the application...

2007-01-25 05:26:58 · answer #3 · answered by Anonymous · 0 0

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