Car Dealer License Made Easy
Car Dealer License Made Easy
Car Dealer License Made Easy
Information on How to Get a Car Dealer License from the State of Indiana
This article is to inform people on how to get a car dealer license but before that here is a list that will give benefits and helpful information on why it's important to get one.
Save time in finding the best deals.
Be eligible to get small business loans, gold corporate cards and other great benefits.
Be able to reduce your tax; just write off receipts from restaurant meals, movies, auto repairs, gas, groceries and just about any receipt.
Get invites from mega-used car dealerships and private wholesale dealer auctions that are only open for dealers.
Have another profession and be an auto broker.Having a car dealer license is needed in being an auto broker so there is possibility to earn more money because of this.
There is nothing like not paying tax and getting away with it right? It's possible from almost anywhere plus there would even be exclusive discount from awesome stores.
Go to new-car dealerships without the going through a hassle just to get in and buy wholesale cars that have "closed bids"
Sell just as many cars that are possible and earn unlimited amounts of money.
Be able to get a dealer license plate on a chosen dealer car.
The benefit of getting a wholesale car is not only for the person getting the license but also for people that he cares about like families and friends so they would not be ripped off!
Know how to sell cars that are twice the amount as they were bought legally and without changing a thing to the car.
Buy and sell cars legally The state limits the cars that are sold by people who don't have a license so that makes it impossible to grow a business with this rule. Learn how to play their rules.
Have more time with family and friends while working for less time and more money!
Most important of allthe reason why you would want it in the State of Indiana is because it is the only state that grants wholesale dealer licenses even if they are not residents!
Now a lot of people say that it is hard to get a car dealer's license, that going through the process is almost impossible, but it is actually very easy to do so Some people just make it difficult to get one. Here are the basic or standard information of some requirements tips and steps to help anyone get started.
Here are the Main Requirements
Application Packet - This is the pass so make sure that this is ready. There are two options in getting one it's either through mail or phone.
Bureau of Motor Vehicles Dealer Division
6400 East 30th St.
Indianapolis, IN 46219
(317) 591-5303 Get in contact with the State Dealer Division.
Once the packet is received, send it back to the mailing address with:
3" by 5" photos of the person's valid business location that must present the office building, main sales lot, exterior advertising sign, storage lot and display.
A proof of contract, ownership or franchise agreement in place, that is signed with a converter manufacturer, distributor, manufacturer or something that will show a legit sales agreement.
Processing is usually for 3 weeks.
These are the requirements for the office:
Its furniture should be sufficient enough.
It must contain utilities that are considered basic.
Its minimum size should be 100 square feet in area.
Its sign should be permanent and it must be obvious enough for people that are passing by to recognize it. The name should also be under what the license dealership was approved of and it should only open at hours that it was approved.
Here are the rest of the Requirements:
Having a BMV that is current with new pictures of the place of the business if there were significant changes that have been constructed or if the business location was moved.
Maintaining a good record with the State Police, BMV, and the Department of Revenue.
The business location should not be a post office box but Indiana address.
A retail merchant's certificate number.
A federal identification number.
The garage's liability insurance.
It should meet the standards of all local zoning requirements.
Only businesses that are related to selling vehicles are allowed to operate with it and its sales should not be more than 50% of the gross or total income of the main business.
It should be at least 1,300 square feet.
It should be able to take in a minimum of 10 vehicles of the vehicles that the dealer is licensed to sell.
It should also have a space where customers can park.
Must be open to the public at normal business hours and should maintain at least 30 hours every week.
It must have lighting that is sufficient enough when it is open to the public.
The parking areas for the customers and the display should be sufficient enough.
To learn more about getting licensed in the State of Indiana there are now services that offer help so that there is no time wasted, these services will take you by the hand and get you through a path that is simple and quick, Consider the saying that goes "it's not really what you know but who you know." People are more than welcome to do it their way But the money and time that will be put in doing so does not even guarantee the success so why not let experts show those who are interested to legally pay less tax and earn more money by selling cars be led by those who have gone before them? Most of the time people make mistakes simply just by asking the wrong people who are at the wrong place or those who have failed, doesn't sound right but if people look around there is a great number in our population who does it that way No wonder only few people succeed. Make sure the right people are asked to get a Car Dealer License in the most efficient way.
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