Do you have to have a dealership liecense to open a used car lot?

Question

i was wonderin if you need a dealership license to open a used car lot, if its one of those buy here pay here things i didnt think you did. I was told that you can have a certain amount of cars on the lot before you need one but if you have over x amount then you do, how does all that work. I plan on opening a car lot and i would like some information about it because i have alot of questions. And if you do need a dealership liecense where would you go to get one in north carolina, where would you go to get the dealer tags and all that other good stuff to, thanx everyone.

yah i dont live in fl, i live in North Carolina and that doesnt answer my question, read the question again

Answer 1

Yes you will need a dealer's license. You also need to be bonded and secured, pass a background check and not have certain offenses on your record. Your credit will be checked, as well. A business license is required, along with the dealer license. You must have a physical location to sell the cars, it cannot be out of your home. Contact your state's business licensing agency, as well as the Dealer Division, which is likely through the DMV office or the Dept of Transportation.

Answer 2

IN FL. YOUR ONLY ALLOWED TO SELL 5 CARS A YEAR .ANY CAR LOT NEEDS A LICENCE. YOU NEED TO BE BONDED AND CARRY INSURANCE ,YOU HAVE A LOT OF PAPPER WORK TO DO FOR THE STATE TOO.IN FL IT'S THE DEPARTMENT OF AGRICULTURE.THE WAY IT WORKS HERE IS YOU CONTACT DEPT OF AG. ,THEN THEY TELL YOU WHEN AND WHERE YOU CAN SIGN UP TO TAKE A 6 HR COURSE TO GET CERTIFIED THEY TEACH YOU THE LAWS ,HOW TO DO PAPERWORK ,ETC. AFTER YOU GET THE CERTIFICATE THEN YOU GET BONDED, THEN YOU APPLY TO THE STATE FOR THE DEALER LICENCE,THEN YOU HAVE TO FIND THE RIGHT ZONED PROPERTY .HERE IT'S C5 .THEN YOU HAVE DMV COME IN AND INSPECT IT .THEN YOU CAN GO TO THE LOCAL DMV TO GET YOUR TAGS .ALL THE FORMS YOU HAVE TO FILL OUT I BUY FROM A VENDER AT THE LOCAL AUTO AUCTION. YOU CAN GET THEM THROUGH DMV TOO BUT THEY CHARGE MORE.

Answer 3

You will need to have a dealer license to open a used car lot! You can see the dealer requirements here:

http://www.ncdot.org/dmv/forms/licensetheft/download/LT415.PDF

Answer 4

almost all new vehicle dealerships have used vehicle lots.i could recomend procuring a used srt from a non dodge new vehicle broking.My good judgment is this dodge is attempting to tutor greater resale fee for their vehicles jointly as the competition is attempting to tutor their vehicles have greater resale.So procuring on the competion ability which you're able to have greater wiggle room on the fee.additionally remember maximum vehicle sellers are in basic terms giving public sale fee for commerce ins now use that against them because of the fact they have been given the motor vehicle for a chit shouldn't you besides would.sturdy luck and happy looking.