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You must sign the title over to the new owner and indicate on the title the mileage at the time of the sale. It is also a very good idea to create a bill of sale dated and signed by the new owner. The Division of Motor Vehicles also provides a Statement of Vehicle Transfer (MV2488) for this purpose.
How to get a wholesale car dealer license in Wisconsin?
You must provide the following to submit a complete application: Two copies of a Wholesaler Two Year License Application Form. An Owner Statement Form per owner. The Business Facilities Statement Form. A Dealer Bond Form or Irrevocable Letter of Credit. A Representative License Application Form.
What is the reassignment supplement to the certificate of title in Wisconsin?
What is the reassignment of title form in Wisconsin? The form MV2115 Reassignment Supplement to Certificate of Title is used only by Wisconsin licensed dealers, wholesalers, auction dealers or salvage dealers to reassign ownership to another licensed dealer, wholesaler or salvage dealer.
How many vehicles can you sell in Wisconsin without a dealers license?
People who sell their own vehicles when they are done with them do not need a Wisconsin dealer license. However, any person or business that sells more than five vehicles per year must have a dealer license issued by the Wisconsin Department of Transportation (WisDOT).
How do I get a dealers license in BC?
To become a licensed dealer, certain conditions need to be met: Police Information Checks for dealership principals and salespeople. Credit checks. A minimum of one licensed salesperson. All those in contact with consumers licensed as required. Payment of the annual licence fees.
How much does it cost to get a dealer license in Wisconsin?
Dealer license fees Dealer-distributor license fees:Current fee (All fees valid for 2 years unless otherwise noted.) Buyers license $6 or $12 Dealer license $40 Dealer plate $150 (1st 2 plates, $10 each additional) Demonstration plate: 1 calendar year 20% Truck Fees, $10 for trailers/semi-trailer18 more rows
How do I get an auction license in Wisconsin?
Application for Auctioneer Registration - Apply online via LicensE, . 2. Fee(s) Pay $47.00 credential fee online via LicensE. (If your Wisconsin credential has been expired more than 5 years, a $25.00 late renewal fee is also required.)
How do I get a dealers license in WI?
6 Steps to Getting Your Wisconsin Dealer License Choose Your Dealer License Type. Buy or Rent a Permanent Business Location. Get Licensed as a Salesperson. Obtain an Auto Dealer Bond. Organize Your Paperwork. Finish and Submit the Dealer License Application.
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