How much does it cost to get a dealers license in Florida?
Proper Florida Dealer License Fees The State of Florida charges Florida dealers to pay a $300 Florida State Dealer License fee for each main location. You should call 850-617-3003 before sending in your Dealer Application to make sure you are writing your check for the correct amount.
How can I get a dealer license in Florida?
Steps
- Attend FL Dealer Training Pre-License Class.
- Determine the Business Structure for Dealership.
- Obtain a Federal Employee Identification Number.
- Find Established Location and Obtain Approval from your local DHSMV Office.
- Obtain a FL Sales Tax Number.
- Obtain Garage Liability Insurance.
- Obtain a $25,000 Surety Bond.
How long does it take to get a dealer license in Florida?
If you have questions about application procedures and licensing requirements, contact the Regional Office. Im sure you will be approved, and your Florida Used Car Dealer License will be mailed to you within 2-3 weeks. If you are not approved, you should receive a letter within 3 weeks.
Is flipping cars illegal in Florida?
Our investigation found that flipping a car for profit is not illegal. 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 many cars can I 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 …
How many cars you can sell without a dealers license in Florida?
How many cars can you legally sell in Florida?
Advertise Legally Florida law requires motor vehicle dealers to be licensed by the state. Furthermore, any person or entity who conducts three or more sales within a 12-month period is presumed to be acting as a dealer. For all practical purposes, non-dealers can only sell two cars in any given 12-month period.
Is car flipping legal in Florida?
What do you learn in a Florida dealer class?
In your Florida Dealer Class you will learn about Florida motor vehicle dealer laws, Federal dealer compliance, how to report sales, etc. Approved Florida Dealer License providers are listed below. Be sure to include your FL Dealer Class Certificate of Completion in your dealer application packet.
How to apply for motor vehicle dealer training school?
Dealer training schools must submit their curriculum or text book for review and approval to: Prospective Dealer Training School applicants can contact the Dealer License Section at 850-617-3003 (press 1) to speak to a representative for specific question regarding the process. Pre-licensing for all license types.
Can a flhsmv instructor teach at a dealer training school?
Instructors are approved by the FLHSMV to conduct the pre-licensing and continuing education classes for prospective dealers at the dealer training schools. Once a dealer training school is approved, they are added to the FLHSMV approved list of dealer training schools.
What do I need to incorporate my Florida dealership?
If you incorporate your Florida dealership you must include the Florida Articles of Incorporation with your FL Dealer License application packet. All dealers must attend the state mandated Florida Dealer Educational course before you are granted a Florida Dealer License.
