Do you want to buy cars at the auction? Interested in opening your own dealership in the Florida? If so, you’ll need a Florida Car Dealer License. Learn how to get licensed by reading below.
Who needs a Florida Car Dealer License?
All people and companies selling more than 3 cars in a 12 month period need a Florida Car Dealer License. Additionally, you’ll need this license even if you advertise more than three cars for sale. Lastly, all auto auctions require this license if you want to purchase vehicles from them.
How much does it cost?
The cost is $300 for the state application. However, there are more costs to consider. Insurance, bonds, signage, and location costs can quickly add up. Additionally, you’ll need to obtain an FEIN, fingerprints, and register your business with the state of Florida.
How do I get my Florida Car Dealer License?
Your first step is incorporating your dealership with the state. Additionally, you may want to consider filing a DBA. The next step is contacting the IRS for an FEIN. Next, you’ll want to find a location which meets the state guidelines. Your dealership location can be owned or rented. If rented, you’ll need to obtain a copy of your lease. In the meantime, you can take your pre-licensing course, get fingerprinted, and get quotes for your garage liability insurance. You’ll also need to obtain a sales tax number for your business. Finally, you’ll need to complete your dealership application and submit it to the state.
Can you help me get licensed?
Yes we can! If the paragraph above sounds like a lot, it is. However, that’s why we’re here. We help many individuals and businesses with their state licensing. The Florida Car Dealer Licensing process can be confusing. We make the licensing process easier and faster than going it alone. Learn more about what we do or get started today!