Courses for new applicants last 12 hours when you renew your dealer license, you’ll need to complete a renewal course that lasts 6 hours.You must complete the course at some point during the 12 months leading up to your application.If you’re applying to sell used cars: Proof you completed a dealer education course.Evidence you filed an assumed name with the Register of Deeds in the county your business is located IF you’re operating under any name other than what will appear on the dealer license certificate.The policy number for the required comprehensive liability insurance to cover your dealer license plates.If your business is a corporation, the 1st page of the corporate charter your received from the North Carolina Secretary of State after filing Articles of Incorporation.$25,000 for each additional established salesroom.An original surety bond, cash bond, or fixed value equivalent of a bond in the amount of:.The record of inspection to prove your dealership meets all of North Carolina’s business location requirements.A completed Application for New Dealer License or Changes to Existing License (Form VS-400).This is a checklist provided by the License and Theft Bureau you can refer to for the application and business location requirements you need to fulfill.īelow, we’ve given a general outline of what you’ll need to provide when applying for your NC dealer license: When putting together your dealer license application, keep the North Carolina Motor Vehicle Minimum Dealer License Requirements (Form VS-415) handy. Reference the North Carolina Motor Vehicle Minimum Dealer License Requirements(Form VS-415) for a list of local inspectors and phone numbers. Once you have your salesroom squared away, call the License and Theft Bureau office that’s local to your dealership to schedule an inspection. Follow all state, county, and municipal zoning regulations.Display a sign with your business name in block letters at least 3 inches high in colors that contrast with the sign’s background.Have reasonable hours of operation when the public can contact you.Have space to safely store business books, records, and files.Be the permanent place where you conduct business.Have at least 96 square feet of floor space in a permanent enclosed building, separated from any other businesses and/or residences.Requirements for NC Car Dealershipsīefore you can get a car dealer license, you must have an established salesroom, meaning your place of business must:
PRICE TO RENEW LICENSE IN NC MANUAL
You can find details about applying for credentials above in the Motor Vehicle Dealer and Manufacturer Regulation Manual (REV 2018). Wholesalers: You sell or distribute used motor vehicles to motor vehicle dealers.Distributors: You sell or distribute new motor vehicles to new motor vehicle dealers.Manufacturers: You manufacture or assemble new motor vehicles or import new motor vehicles for distribution using a distributor.However, other kinds of dealer licenses include those for: new car dealers, used car dealers, and new and used car dealers). On this page, we outline the basics for people who want the most common motor vehicle dealer licenses (i.e. These definitions can be a bit tricky, so if you aren’t sure whether you’ll require a dealer license, call the NC Division of Motor Vehicles (DMV) at(919) 715-7000 and ask for the License and Theft Bureau, which oversees dealer licensing in the state. Leasing or renting motor vehicles and offering customers the option to buy those vehicles at retail price.
PRICE TO RENEW LICENSE IN NC HOW TO
Keep reading to find out if you'll need a dealer license and, if so, how to get one. If you want to sell motor vehicles in North Carolina, you may need a car dealer license (and an established place to do business) before you get to selling.
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