Requirements of Most States
While the specifics differ, nearly every state's dealer licensing process includes the same core building blocks.
Business Entity
A registered LLC or corporation, separate from your personal name.
Federal EIN
A federal Employer Identification Number for your dealership.
Business Location
A qualifying commercial office or lot — a home address usually won't satisfy this.
Surety Bond
A dealer bond, with the required amount set by each state.
Garage Liability Insurance
Insurance coverage for vehicles in your care, custody, and control.
Dealer Application
A formal application filed with your state's DMV, Department of Revenue, or Motor Vehicle Board.
Background Check
Many states require a criminal background check for the applicant and any other principals.
Location Inspection
Most states require your business location to pass an inspection before your license is issued.