Ok auto dealers license
Visible from the outside. Parking : Must be a paved or gravel parking area for customers. Zoning : Must comply with all local rules and regulations. In addition to the completed included forms, you will need to provide: A brief history of the business AND each owner or manager who will be active in daily operations. Include any past dealership ownership and employment. Dealer Agreements. Front of the building.
Parts area. Service area. Management Agreement. Applying for an OK Used Car Dealer License The Oklahoma Used Motor Vehicle and Parts Commission provides a used motor vehicle dealer license application packet , which includes instructions and paperwork necessary to apply for your used car dealer license. Must be easily accessible to the public.
Cars for sale must be distinguishable from other vehicles on the premises. Adequate parking space for the public. Office that is a: Building or separate room within a building on the business premises. Space used for the sole purpose of conducting used motor vehicle business and where records, files, books, and other materials are stored.
Business telephone , which must be: Listed with directory assistance. The automotive sales and service business will probably never be a paperless industry. There are multiple forms to be completed with each transaction and each form must be complete, with all information correct and in the proper place. It's a wonder, sometimes, that anyone completes an automotive sales transaction! Just for starters, there are forms to file with the State to apply for your dealership permits.
Then there are forms to be completed with each transaction. There are different forms for new car dealerships and used car dealerships and for titles, transfers, repossessions, liens, releases, and just about anything else related to the buying or selling of automobiles.
Most of the forms related to the buying and selling of motor vehicles both used and new can be found at the OMVC forms Web page , and are available for download using the free Adobe Reader.
For example, you'll find registration, lien, repossession, transfer of ownership and many other dealer forms at the OMVC website. In order to begin the process of becoming a licensed automobile dealer in Oklahoma, you must first file an Application Packet for Initial Dealer Franchise License s.
However, there are a few key considerations you should be aware of first. For one thing, like any other dealer, you'll be required to carry a motor vehicle dealer bond to protect your customers—and that's where Surety Bonds Direct comes in. In this article, we'll talk about how to get a car dealer's license without a lot, and learn a little bit about motor vehicle dealer surety bonds along the way. First, maybe you're wondering if you really need a dealer's license to sell a few cars on the side.
If you're just selling your own personal vehicle, a dealer's license isn't necessary. However, most states allow a private citizen to sell only two or three vehicles per year without a license. You also won't get access to dealer auctions without a license, which is where most used car dealers find their best stock.
Sometimes, entrepreneurs looking to dip a toe into the water will "rent" a dealer's license by paying a membership fee to a local dealership that provides access to dealer auctions and other benefits of being a licensed dealer. However, these practices can be legally dubious, and you're better off avoiding them. The bottom line is this: If you want to be an auto dealer, you need an auto dealer's license.
Dealing cars without a license is illegal, and if you get caught, it can make it harder to get a license in the future. Ultimately, the good news is that you don't have to have any kind of lot space to get a dealer's license.
You can go through a process that's fairly similar to the licensing process for a dealer with a lot. The auto dealer license application process can be fairly long and involved, but with the right know-how, thousands do it every year. The steps you'll need to follow will include:.
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