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How do you get a car dealer license in Nebraska?

I live in Lincoln, and I’m looking to start my own business. Car dealerships have always been lucrative and they allow people to get something they really need. How can I get a car dealership license here in Nebraska?

avatar
Chloe Jenkins · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
You’re completely right. Car dealerships are often quite lucrative and cars are an essential purchase for many people. To get a car dealer license in
Nebraska
, you will need to follow these important steps.
First, establish a permanent place of business that complies with your local zoning laws, as well as:
  • Adequate space to display at least 10 cars
  • A dedicated telephone line
  • Posted business hours
  • Business name and sign
Next, shop for liability insurance and carry proof of coverage for any vehicle in your possession.
Then, gather the required paperwork, including a:
  • Zoning permit
  • Picture of your place of business, including the sign
  • Lease agreement
  • Copy of franchise agreement or contract with a manufacturer or distributor, if applicable
After that, get your auto dealer bond by filling out the proper application online. Note that the bond may cost upwards of $40,000.
Then, turn in your dealer license application. Mail the application and the $225 license fee to the following address: Nebraska Motor Vehicle Industry Licensing Board, P.O. Box 94697, Lincoln, NE 68509.
Finally, get an inspection and documentation you passed.
As you can see, getting a car dealer license and setting up your dealership will be no small feat! Once you do get the ball rolling, you’ll want to ensure that you can build trust with your customers. And what better way to do that than by helping them save money?
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