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Michigan auto dealers must pay a $75 application fee to receive a license. Dealers also need to get a surety bond which can cost as low as $100.
Dealer applications are complex documents and can take up to 30 days to process. A failure to submit all documents will delay processing. Contact us via email at Licensing@Michigan.gov if you have any questions regarding the application process.
How do I get an auto dealer license in Missouri? Step 1: Determine your auto dealer license type. Step 2: Complete a dealer education program. Step 3: Register your dealership with the Missouri Secretary of State. Step 4: Finalize your permanent business location. Step 5: Complete your criminal background check.
Its possible to register for a dealer license at your home address and property. But in order to do so, the property must be a building that (1) meets zoning requirements, (2) meets DMV requirements, and (3) is not the dealers primary residence.
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.
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Getting Your Michigan Dealer License Identify which type of license you need. Register your business. Establish a location for the business. Complete a training program to sell used or new vehicles. Obtain a surety bond and insurance. Gather your documents and submit the application.
The State of Michigan requires all dealerships to maintain no-fault insurance with limits of 20/40/10 that covers for any vehicle or all vehicles owned.
Arkansas Dealer License Steps Request Arkansas Dealer License Application from Arkansas Department of Revenue. You must have a place of business to sell your motor vehicles. You must have a display lot for your vehicles. You need a permanent business sign. Obtain a dealer garage insurance policy for your vehicle inventory.

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