How can I get a car dealer license for car auctions?

I own a small registered vehicle repair shop where I usually work on my cars and a few friends’ cars, but I have been thinking about buying and selling used cars. I know the best deals are at auctions and I was wondering how I can get my car dealer license so that I can attend auctions?

Answer
Getting a car dealer license varies by state and there are multiple types of licenses, so it is always a good idea to visit your local DMV to check your state’s requirements. The general process is as follows:
  • Ask the DMV which license you will need
  • Make sure your business is registered
  • Meet zoning requirements
  • Complete a pre-licensing seminar
  • Provide proof of insurance
  • Pass a background check
  • Purchase a motor vehicle dealer bond
  • Complete your dealer license application and submit it to the state
Once you complete these steps, your application will hopefully be approved and you can start buying and selling used vehicles! If you happen to find a deal you want to keep for yourself, don’t forget to purchase insurance. Consider taking the hassle out of finding the best deal and let Jerry compare quotes for you. The savings can be huge (and that means more money for you and your business).
Turning a hobby you love into a business is a great idea and a recipe for career happiness. I wish you the best of luck!
Jack Walsh
Answered on Oct 22, 2021
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