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How do you get a dealers license in NC without a lot?

Ultimately, the good news is that you don't have to have any kind of lot space to get a dealer's license....Filling out your application packet, which typically includes: Paperwork for creating a DBA. Detailed business plan. Business license for your municipality. Background check and financial history. Proof of surety bond.

How many car can I sell a year in NC?

If you plan to sell more than five vehicles in a year, you must get an auto dealer license. You cannot lawfully operate a dealership without the required license, bond, and liability insurance. Once you get your auto dealer license, make sure to comply with all laws and operate your business ethically.

How do you get a dealers license in NC without a lot?

Filling out your application packet, which typically includes: Paperwork for creating a DBA. Detailed business plan. Business license for your municipality. Background check and financial history. Proof of surety bond.

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

Payment for the applicable fees:Dealer license: $90, Dealer plates: $36 per plate for the initial 5 plates, and $18 per plate after that.

How many cars can you sell in a year without a dealers license in North Carolina?

North Carolina residents are legally allowed to sell five vehicles per year without being licensed, as long as the vehicles are registered in your name. To sell any number of vehicles that aren't registered to you is a criminal felony.

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Can a felon get a dealers license in NC?

The DMV requires that applicants disclose all Felony and Misdemeanor convictions that occurred within the past 10 years. The 10 years is measured from your date of conviction or date of release if you were incarcerated. There is no requirement to disclose traffic offenses, including DUI convictions.

How do you get a North Carolina auto dealers license?

Applicants for a \u201cused motor vehicle\u201d dealer's license must show proof that within the last twelve months they have completed a 12-hour licensing course approved by the Division if seeking an initial license, and a 6-hour course approved by the Division if seeking a renewal of license.

How do I get a dealer tag in NC?

Here is a summary of what you need to get a car dealer license in North Carolina. Determine Which Type of License You Need. Obtain a Permanent Business Location. Attend a Pre-Licensing Course (Used Motor Vehicle Dealers Only) Obtain Liability Insurance. Get Your Auto Dealer Bond. Compile the Required Documents.

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

North Carolina residents are legally allowed to sell five vehicles per year without being licensed, as long as the vehicles are registered in your name. To sell any number of vehicles that aren't registered to you is a criminal felony.

How do I become a licensed car dealer in NC?

Applicants for a \u201cused motor vehicle\u201d dealer's license must show proof that within the last twelve months they have completed a 12-hour licensing course approved by the Division if seeking an initial license, and a 6-hour course approved by the Division if seeking a renewal of license.

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