Quick Answer: How To Get A Wholesale Auto Dealer License Florida?

How do you get a dealers license in Florida without a lot?

How to Get an Auto Dealer’s License With No Storage Lot

  1. Contact the Zoning Department.
  2. Contact the Secretary of State’s Office.
  3. Contact the Department of Motor Vehicles.
  4. Complete the Auto Dealer Application.
  5. Apply for a Surety Bond.
  6. Complete a Dealership Training Course.
  7. Register the Business Name.
  8. Apply for a Sales Tax Number.

Do you need a dealer license to sell cars in Florida?

Any person, corporation, or partnership who sells used motor vehicles for retail or wholesale purposes in Florida must have a Florida Used Car Dealer License (AKA: Florida Independent Dealer License.) If you wish to sell new vehicles, please see our post on how to get a franchise dealer license in Florida.

How many cars can you sell in Florida without a dealers license?

This is generally referred to as “curbstoning.” Additionally, Florida law presumes any person, firm, partnership or corporation that buys, sells, offers for sale, displays for sale or deals in three or more motor vehicles in any 12-month period to be a motor vehicle dealer and must have an appropriate license issued by

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Is flipping cars illegal in Florida?

Our investigation found that flipping a car for profit is not illegal. We have learned, in most cases, it can be done legitimately. The new owner must first register the car with the Department of Motor Vehicles in their name and pay the sales tax on the actual sale price.

How long does it take to get a dealer license in Florida?

It generally takes between four and six weeks for Florida Car Dealers License to get members setup on a Co-op used car dealer license.

Is car flipping profitable?

Some people flip or restore just a few classic or exotic cars per year, but earn up to $30,000 per vehicle in profit alone. It doesn’t take long to earn a big income with those types of numbers.

Can a felon get a dealers license in Florida?

If a felon has been convicted of a non-violent, non-motor vehicle dealer crime, this most likely will not affect his or her ability to get approved for a dealer license. These include non-violent crimes such as: DUI. DWI.

How many cars can you own in Florida?

There is no limit to how many cars you can buy or own at one time, and there is no limit on the number of cars that can be registered under your name. As long as you pay your taxes and have the appropriate insurance for all of your vehicles, you should be covered.

What is Curbstoning?

Curbstoning is defined as the act of systematically selling or “flipping” vehicles while posing as a private seller. Curbstoning is regulated individually by state governments, and is considered illegal in most legislatures.

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What do I need to get a dealer license in Florida?

If you want to obtain an Florida Dealers license all you need to do is submit a dealer application to the Florida Motor vehicle Division, obtain a dealer surety bond form an insurance agency or bonding company, submit your fingerprints, have a building and lot, if you are a wholesale dealer you will not need a lot,

How do I get a dismantler license in Florida?

Apply for a Florida Motor Vehicle Dealer license

  1. Step 1: Determine Which Type of License You Need.
  2. Step 2: Take a Pre-Licensing Dealer Training Course.
  3. Step 3: Pick a Location and Get It Approved.
  4. Step 4: Obtain the Appropriate Insurance Policy.
  5. Step 5: Register and Establish Your Business.

What happens if you don’t return Florida plates?

Failure to surrender a valid license plate when your insurance is cancelled or expires will result in suspension of your driver license. When you dispose of a plate by turning it into a tax collector’s office you will receive a receipt showing that the plate was surrendered.

Can I drive a car without plates if I just bought it in Florida?

You can drive a car in Florida without license plates for 30 days, but with a bill of sale and proof of insurance.

How much cheaper are cars at dealer auctions?

Typically you can expect the average car to be about $1,000 to $2,000 dollars cheaper than retail if you were to buy directly from the dealer auctions.

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