This license is intended for dealerships largely in wholesale acquiring and promoting motor motor vehicles. Wholesalers generally sell cars to other dealers instead of straight to customers.

If a surety covers a bond claim, the bonded dealer will have to reimburse the surety in total. That may be how bond agreements operate.

A committed spot also allows you to control and shop your stock successfully, making sure that cars are well-organized and simply available for viewing and examination drives.

Display screen Region: An acceptable display spot is necessary to showcase automobiles to shoppers. The display spot need to be effectively-preserved, structured, and easily available. It really should offer ample House to exhibit autos and permit prospects to examine them.

Your Business region need to have a minimum of 96 sq. toes of floor Room. The composition cannot be a residence, tent, momentary stand, or other temporary quarters. The creating will have to also be very easily obtainable to the general public.

You need to invest in and file a surety bond in the proper required quantity to your South Carolina motorcar dealer and wholesaler license software. Your license form will more info identify your bond amount.

Total our software kind under and We'll supply you with a precise quote on your dealer bond! Requesting a estimate is totally free!

This prerequisite underscores the point out’s dedication to safeguarding purchaser interests and retaining ethical organization practices.

Like motor vehicle dealers, you need to have a motorcycle dealer license in case you provide or try to offer greater than 5 motorcycles within a calendar calendar year.

Normally, if you’re making use of for a non-franchise dealer license, you will need to total a pre-licensing study course BEFORE you can submit an application for a motor vehicle dealer license. You’ll should submit a Pre-Licensing System Certification along with your dealer software packet.

Short term Leisure Car Dealer license: You will need to be a licensed SC recreational motor vehicle (RV) dealer to apply for A brief RV dealer license. This temporary license permits you to show and provide travel trailers or motor residences at fairs, leisure or sports displays, holiday vacation exhibits, or other related events. Dealers may not acquire much more than six short-term licenses in a single calendar year.

You’ll have to have garage legal responsibility insurance policies to receive dealer plates, and you will need to submit proof of the insurance plan when you make an application for your license.

Acquiring your South Carolina dealer license suggests shopping for an auto dealer bond. Find out what this bond is And just how you should purchase it for fewer.

Post city or county compliance paperwork – such as a zoning permit, your business license, and Other folks