Arkansas state police used motor vehicle dealer license Application Forms

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Commonly Asked Questions about Arkansas state police used motor vehicle dealer license Application Forms

What do you need to sell a car in Arkansas?

What paperwork do I need to privately sell a car in Arkansas? Vehicle certificate of title. Bill of sale and odometer statement. Notice of Transfer of Ownership. Odometer Disclosure (if applicable)

How much are dealer tags in Arkansas?

Dealers extra license plates are the license plates that are issued to a dealer who has complied with the requirements to be issued a dealers master license plate, has identified each manager, sales manager, or salesperson employed by the dealer, and has paid a fee of Twenty-five Dollars ($25) per dealer extra

Is there a limit to how many vehicles you can sell?

How many cars can you sell in each state/province? StateMaximum Number of Cars You Can Sell California 5 Colorado 4 Connecticut 4 Delaware 446 more rows Jun 7, 2023

How many cars can I have in my name?

No set laws specify the number of vehicles you can own at one time. But other factors can affect your decision to own more than one vehicle, including financial implications, car insurance, storage, and need.

How do you get a used car dealer license in Arkansas?

How do I get a used motor vehicle dealer license in Arkansas? Register you dealerships business location. Get your dealership telephone number. Purchase your Arkansas used motor vehicle dealer surety bond. Purchase garage liability insurance. Submit your used motor vehicle dealer application and fee.

How many cars can you sell in Arkansas without a dealers license?

Arkansas used dealer licenses are issued by the Arkansas State Police. If you are engaged in any of the following, you must get an Arkansas Dealer License: Selling 5 or more used motor vehicles in one calendar year. Involved in the business of selling, buying, or displaying for sale used motor vehicles.

How to get a car auction license in Arkansas?

Steps to complete to get an Arkansas auction license In the first place, submit the documents, application forms, and payment receipts. Yet, remember that all the docs must be presented 30 days before the examinations. In the second place, take the exam and get an acceptable grade. At last, pass the background check.

How much does it cost to get a dealers license in Arkansas?

Arkansas Auto Dealer Bond: Before starting your license application process, you must obtain a surety bond from a reputable insurance or surety company. The current amount for the Arkansas auto dealer bond amounts are as follows: $25,000 for dealers of used cars. $100,000 for used car dealers with satellite business.

What is the dealer reassignment form in Arkansas?

In Arkansas, the dealer reassignment form, known as Form 10-313, is required to be filed by licensed motor vehicle dealers when they transfer ownership of a vehicle to another individual or entity. This form must be completed and submitted to the Arkansas Office of Motor Vehicles by the selling dealer.