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A Step-by-Step Guide to Getting Your Nevada Dealer License Determine the Type of License You Need. Establish a Permanent Business Location. Name the business. Submit Fingerprints. Get an Auto Dealer Bond and Liability Insurance. File the Application and Fees. Pass the Site Inspection.
Nevada does not have a right of rescission or any cooling off period for the buyer. Used vehicles are sold as is.
Laws You Should Know Buyers may wish to check the sellers ID. It is illegal to sell more than three personally-owned vehicles per year without a dealers license. Subleasing and take over payments arrangements are illegal. Any loan or lien on a vehicle must be satisfied before it can be sold.
The Arizona auto dealer bond amount varies depending on the license type, as shown below: New Motor Vehicle Dealer, Used Motor Vehicle Dealer and Public Consignment Auction Dealer - $100,000. Broker, Wholesale Auto Auction Dealer, Wholesale Motor Vehicle Dealer - $25,000. Automotive Recycler - $20,000.
Submit Your Dealer License Application Fill out the application form, and make sure you include your fee, surety bond, insurance certificate and other supporting documentation before you submit it. Fees: $126 Application Fee.
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