30 Cars to Sell to Make $99,000 in 6 Months

The $99k Report details how a student of the Auto Dealer Business School made $99,000 in 6 months and you can too. You see the exact cars he bought and sold. The best part....he started with $1500.

Dealer License Done for You!

You have a licensing advisor and licensing agent to complete the license process for you from finding the location to getting registered for the auctions as a new dealer.

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Do it Yourself

Get a Step by Step Guide to complete the application yourself!

How to Get an Auto Dealer License in FLORIDA (FL)

We’ll show you everything you need to know about getting your used car dealer license in FL.

DISCOVER HOW TO...
Find a location
Incorporate your business
Apply even with Felony Convictions
and lots more..

Watch the Video!

 

Get Your Dealer License in Florida

Disclaimer: Be sure to read the requirements to understand what is required of you before and after your license is approved. 

Step 1: Attend a Pre-Licensing Dealer Training

 

Step 2: Location - 

Your location must have an office and a display area. Check the requirements for each. In addition to the specs of the space, usually the space also needs:

  • Desk
  • Chair
  • Locking File Cabinet 
  • Telephone * (preferably a landline)
  • Sign (required for Retail, Tag & Title, may NOT use MVA logo or state seal)*
  • Lighting
  • Heat
  • Electricity (NO generator, must be hard-wired)

Note: Be sure the location is in compliance with all state, county and municipal zoning regulations and ordinances before signing the lease agreement.

To find a location, resources include the commercial real estate section on Craigslist, real estate agents experienced in commercial property & zoning and other auto dealers. Here is how you find out where other dealers have leased space.

Step 1: Search cars for sale on Craigslist by dealers.

Step 2: Take the phone number from the Craigslist listing and search it on the internet.

Step 3: Take the address of the dealer and search to find the office complex or warehouse that allows auto dealers.

Step 4: Last step is to contact the landlord for any vacancies.

Step 3: Bond - $25,000 

I describe a Bond as an insurance policy for your customers. You only pay a percentage of the Bond amount. That percentage is based on your credit score with the most favorable rates for those with 680 score or higher in my experience. 

The bond requirement is $25,000 

Step 4: Liability Insurance

You must maintain Garage liability insurance. The details about the policy were not immediately clear.

Step 5: Incorporation & EIN 

It doesn't look to be required to incorporate. However, I strongly recommend it. Sunbiz.org is your resource for incorporation.

To apply for your Employer Identification Number (EIN), visit the IRS website. It's FREE to apply.

 You may need these numbers: NAICS Code for Used Car Dealers 441120 and SIC Code 5521.

Step 6: Gather all these additional Documents

  • Criminal Background Check – All applicants/licensees must submit a Criminal Background Check. 
  • Identification
  • Application

Step 7: Schedule a Site Inspection

Dealers must have a site approved, by a Regional Office, for the dealership location. Once a location is found, contact your local Regional Office to schedule an appointment to have the site inspected. A Division of Motorist Services Compliance Examiner will inspect the location. It is recommended that you do not sign a lease until the site has been approved by the Department.

Step 8: Submit Your Application

Complete the application form found here .

Send your completed application to:

THE REGIONAL OFFICE RESPONSIBLE FOR YOUR DEALERSHIP

 

Step 9: Get a Mentor! The learning curve is 2 years. Take the shortcut and be profitable faster.

You can have knowledge and experience at your side to give you that 20/20 hindsight vision. Go to the Auto Dealer Business School to learn how you can level up with a mentor.

NOTE: If any links give you trouble, report them to me...lol.. Email me at [email protected]

Kendra

Kendra is an Auto Dealer in Georgia. She is a member of the Auto Dealer Business School.

Christian

Christian is an Auto Dealer in California. He is a member of the Auto Dealer Business School.

Ira

Ira is an Auto Dealer Apprentice in New Jersey. He is a member of the Auto Dealer Business School.

Auto Dealer CEO Strategies Group

This group is dedicated to CEO strategies for Auto Dealers and Aspiring Auto Dealers. Get support with anything for your business from Licensing to Staffing!

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