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It can be a lucrative profession, but you cant just jump straight in. In fact, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) specifically mandates that if you sell three or more cars a year, you need to have a Florida dealer license.
Form HSMV 86020, Surety Bond for Motor Vehicle Dealer; A mobile home dealer or mobile home broker applicant shall provide a surety bond in the amount of $25,000. A mobile home dealer with more than four supplemental locations must submit an original surety bond in the amount of $50,000.
It can be a lucrative profession, but you cant just jump straight in. In fact, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) specifically mandates that if you sell three or more cars a year, you need to have a Florida dealer license.
(a) All applications for motor vehicle dealer licenses shall be on the form HSMV 84011, Application for a License as a Motor Vehicle, Mobile Home, or Recreational Vehicle Dealer (Rev. 6/88), hereby adopted by reference. (b) All applications shall be complete in all details and shall be signed by the applicant.
Auto Dealer License Without a Lot Exact location: the DHSMV requires a precise business address. Non-residential address: You cannot mention your residential location as your business address. Sufficient space for parking: You must meet the local zoning requirements.
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Required Fees License TypeOriginal License FeeAnnual Renewal Fee - Primary Location*Independent Motor Vehicle Dealer (VI)$300$75Wholesale Motor Vehicle Dealer (VW)$300$75Motor Vehicle Auction (VA)$300$75Salvage Motor Vehicle Dealer (SD)$300$757 more rows
Form HSMV 86020, Surety Bond for Motor Vehicle Dealer; A mobile home dealer or mobile home broker applicant shall provide a surety bond in the amount of $25,000. A mobile home dealer with more than four supplemental locations must submit an original surety bond in the amount of $50,000.
Auto Dealer License Without a Lot Exact location: the DHSMV requires a precise business address. Non-residential address: You cannot mention your residential location as your business address. Sufficient space for parking: You must meet the local zoning requirements.