About the New Mexico Motor Vehicle Dealer Bond
The Motor Vehicle Dealer bond is a contractual agreement between three parties. You are the principal. The obligee is the state Motor Vehicle Division. The surety is the third party which provides the bonding. Auto dealer bonds do not protect the principal from lawsuits, but rather it protects the consumer from fraud or misrepresentation by the …
What Are the Steps For Opening & Operating a Motor Vehicle Dealership in Louisiana?
You will need to submit the Louisiana application found on the Motor Vehicle Commission website. That application may be found here.
Once your license application is turned in, you’ll need to review that your dealership will have at least one credentialed salesperson.
You, as the …
There are four possible license types that applicants can apply for with the California Department of Motor Vehicles (DMV):
New/Used Auto-Commercial license
Commercial Used Auto license
Wholesale Dealer Only license
Auto Broker license
This post will focus mainly on the New/Used Commercial License and the Commercial Used Auto License. The motor vehicle dealer license only applies to the dealer, not the salespeople …