FAQ

Q?

Is this dealer license local?

A.

Yes. We can typically find a dealership in your state.

Q?

How does the dealer licensing service work?

A.

A corporation or LLC owns the dealership. You will be a corporate member of that LLC. You’ll have a monthly fee in order to be a member of the LLC. Then, you will be assigned your own dealer plate with insurance for any cars owned by the LLC. You will be part owner of the company. Thus, you will be bonded, insured, licensed, and trained as a car dealer.

Q?

How long does it take set up a license?

A.

Typically we are able to set you up within 7 business days.

Q?

Is it legal to use someone else’s dealer license?

A.

Yes! You will be able to sell and purchase cars on your own. Because you are a member of a dealership, you are a licensed dealer.

DEALER'S LICENSE PROGRAM

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Q?

Do I need any training before I get my dealer license?

A.

NO experience is needed! We will provide you a manager who will train you in every aspect of the job to ensure you are successful.

Q?

How much does it cost to get my own dealers license?

A.

Normally around $10,000 is needed. Most dealerships cost around $1200-$2500 per month. As a member you will ONLY be responsible for monthly membership fees and we will take care of the rest.

If you are interested in obtaining your own dealers license we have a list of companies to help you with your needs. Please call us to obtain more information about these companies.

Q?

Can I attend dealer only auctions?

A.

YES!

Q?

Can I share the cost with friends/ have business partners?

A.

You are allowed to have business partners. However, the rules are specific and this will be explained to you by our staff.

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Q?

What are the other fees for getting my dealer license?

A.

There are NONE. You will however be responsible for fees that you accrue which can include auction fees, paperwork fees, etc.

Q?

Do I need to have an office or lot with my dealer license?

A.

NO! You can do this from anywhere you choose.

Q?

Will I be liable for other people on the dealer license?

A.

No. Your manager will take care of this.

Q?

How much paperwork is needed with my dealer license?

A.

NONE, it is taken care of by the manager.