If you're planning on displaying vehicles for sale at your home, check local laws first. There may be a limit on how or where you can display them.
You'll also still need to list a place of business on your paperwork. This should be where your records are kept. Whether you have a lot or not, getting a surety bond is essential for becoming a licensed dealer.
If you're not sure exactly what a surety bond is, don't worry—many people aren't quite sure at first. Check out our page on What Is a Surety Bond? Basically, a surety bond serves as a guarantee that your business won't engage in unethical conduct. That can include everything from misrepresenting a vehicle's condition to not paying sales taxes. You'll pay a percentage of this upfront to the surety and then file your certification with your dealer application.
Although dealer surety bonds usually require credit checks, keep in mind that Surety Bonds Direct can help you even if your credit isn't perfect. Plus, we offer flexible payment plans to make bonds more affordable for our customers.
We work directly with leading national surety bond companies to give our customers the most competitive rates and the best customer service so that your business can grow, flourish and expand. No matter if you're just starting out in the dealership business or you're an auto business pro—and whether you have a lot or not — Surety Bonds Direct can help you find the right dealer bond for you.
You can talk to our bond experts at or use our online quote function to get a quick and easy quote today! This book does not "teach" you how to curbstone. It is an educational tool that sheds light on what goes on out there. If you become a dealer, you need to know about curbstoners because they give dealers a "bad name"! The underground used car business is now a billion dollar industry that has been in existence since the advent of motor vehicles. Evidence of this can be seen on a daily basis - that tempting car parked on an vacant lot or along a roadside curb with a " FOR SALE " sign everyone seems to stop and curiously peer into.
Nine times out of ten, the seller of the car is an unlicensed dealer looking to make a fast buck. When someone buys and sells a car without a dealer license, the state gets cheated out of sales tax, the IRS gets cheated out of income tax and since most unlicensed auto sales are untraceable, an innocent buyer who gets screwed over cannot sue because in order to sue, they must know who to sue!
States are fully aware the underground car business exists. However, states also know there's not really much they can do about it. Just about the only thing the state can do is limit the number of cars people can transfer per year. Other than that, because there are thousands of unlicensed transactions occurring daily, states have no choice but to turn their cheek and walk away with their hands tied behind their backs. The greatest advantage unlicensed dealers enjoy is bypassing the requirement of having a dealer's license.
The greatest disadvantages are not being able to buy cars at exclusive dealer-only car auctions and being restricted by the state limit on how many cars that can be sold in a year.
They cannot afford a dealer license. They want to build up more money before getting a dealer license. They simply are not ready to make the big move yet. They are making plenty of money without a dealer license. Nevertheless, all kinds of people purchase my guide: Licensed dealers, unlicensed dealers, people just curious to see what goes on in the auto sales underground, and of course There are countless publications covering all there is to know about buying and selling cars but everyone keeps quiet when it comes to the reality of unlicensed auto sales.
We are the first and only site to expose these practices. I do not promote the practice of buying and selling cars without a license. The purpose is rather to identify this practice and expose the tricks unlicensed dealers use in order to educate the public about the underground auto business. How exactly does the state find out about unlicensed car sales? What's the worst that can happen if the state finds out?
What happens when an unlicensed dealer gets sued? What happens when unlicensed dealers forge or falsify documents?
How can people spot unlicensed dealers from a mile away? How are salvaged cars sold without the buyers knowing? How are unlicensed dealers competing with each other? How people get away with handling paperwork for unlicensed auto sales? How people get away with "borrowing" or "leasing" somebody else's dealer license?
GA independent dealer licenses expire every 2 years on March 31 of even-numbered years. Submitting a dealer license application is a complex process —call the Professional Licensing Boards Division at with any additional questions. The renewal fees are:.
Contact the manufacturers of the motor vehicles you plan to sell to begin your franchise agreement. However, as a franchise dealer you must still register your dealership with the Business Registration Unit—see our section on GA Car Dealer Registration below. The process involves completing applications, providing a variety of proofs such as your business license, sales tax certificate, and established place of business , and paying applicable fees. If you have additional questions about this process, contact the Business Registration Unit for assistance.
0コメント