What if I have sold the dealership and have a buy-sell agreement?
Business may not be conducted until the new principal(s) are issued a dealer license. A Motor Vehicle Dealer Application is required, a copy of the buy/sell agreement and letter(s) of termination from the manufacturer(s) as well as all requirements as outlined in the Dealer Licensing website.
How do I cancel my dealer license?
Submit a written notification, signed by an owner requesting cancellation of your dealer license. Return the dealer license certificate and all dealer plates associated with the dealer license. New Motor Vehicle Dealers are required to submit a franchise letter of termination from the manufacturer.
What are the requirements to have a Branch license?
A branch dealer license uses the same bond policy as the main license. The location must be within the same county as the main license; the owners must be the same; the business name must be the same, although a DBA may be different; franchise products may be different, if applicable.
Can branch license records be maintained at a different location?
No, the records must be stored at the physical location where business is conducted.
What if I am adding an individual to an existing dealer license?
Complete an Add/Delete via your dealer community account including a copy of amended corporate articles or corporate minutes noting the change. If the individual is already on an existing dealer license, a Criminal Records Check is not required. If the individual owns 20% or more interest in the business they are required to go through the Criminal Records Check.
How do I change my business name or location?
Submit a Dealer Record Amendment via your dealer community account, including a bond rider showing the updated information and required fee. No business may be conducted until you receive a revised license certificate by email. NOTE: A new motor vehicle dealer also needs a letter of authorization acknowledging the new name/location from each manufacturer of their franchised products.
What processes does 48-5125 Dealer Plate Application cover?
Order new or additional dealer plates; if a dealer plate has been lost/stolen, request cancellation and replacement of the plate; order duplicate registration for a dealer plate; cancel a dealer plate.
When do I pay my dealer plate fees?
When you submit your dealer application, you may pre-order dealer plates by completing and submitting a Dealer Plate Application. The dealer plate fee will be included with the dealer license fee in an invoice that will be emailed to you after the application has been accepted and Criminal Records Check has been concluded. NOTE: Your dealer license and dealer plates, if applicable, are renewed annually.