FREE CAR DEALERS LICENSE INFO

WARNING: THE FOLLOWING FREE CAR DEALERS LICENSE INFORMATION IS MY ORIGINAL WORK. IF YOU COPY IT, I WILL SUE YOU IN FEDERAL COURT.

The following free CAR DEALERS LICENSE information is intended to be a sample. If you want the full publications, please visit the websites above to learn more about car dealers licenses.

On this page, you will find free car dealers license information for:

1. The car dealers license bond

THE CAR DEALERS LICENSE BOND REQUIREMENT – TIPS AND TRICKS

How to obtain a CAR DEALERS LICENSE bond step-by-step:

Virtually all states require a bond to get a car dealers license but vary as to the amount of the bond. For example, some states require a $25,000 bond for a car dealers license while others require a $10,000 bond.

Most people think, "Ten thousand dollars? I don’t have that kind of money! All I want is a car dealers license to get into the auctions. What am I gonna do?” Can I still get a car dealers license?

Well, here's some encouraging info:

My first bond for a car dealers license was only $300 a year. That is only $25 a month! Premiums do vary, but as far as I am concerned, a bond is a bond, as long as you get the car dealers license. Therefore, you might as well go for the cheapest premium.

(After you get your car dealers license you will get several offers in the mail for cheaper premiums, since bond companies purchase mailing lists of licensed car dealers.)

Do you need good credit to get a bond for a car dealers license?

I was $30,000 in credit-card debt when I applied for my bond and I was approved and I got my car dealers license. If you have terrible credit, it will not hurt to try to apply. Do not be afraid. It will not cost you anything other than a wounded ego if you are rejected. If you want your car dealer's license - you will get it!

If you cannot get a car dealer license bond with the first company, keep calling until you find a company that will approve you! All companies have different standards.

Remember: EVEN PEOPLE WITH BAD CREDIT GET CAR DEALER LICENSE BONDS.

CAR DEALERS LICENSE TIP: Do not forget the obvious:

Before you start shopping around for a car dealer license bond, you must have a business name.

Remember: Using a non-fictitious name as opposed to a fictitious name has certain advantages when applying for a car dealers license (see section on "Tips and Tricks on Naming Auto Businesses").

Using a CAR DEALERS LICENSE bond as proof of financial responsibility:

You might even be able to use your car dealers license bond as proof of financial responsibility if you get pulled over while driving around your inventory if the bond amount meets or exceeds your state’s required amount for financial responsibility. See, a car dealers license bond can save you money!

In other words, if your state says you must have at least $15,000 liability insurance and you have a $25,000 car dealer's license bond, you technically can get by without insurance. Simply hand a police officer a copy of your bond if you get pulled over!

NOTE: Get Insurance AND a Bond, for the best protection.

Why is a car dealers license bond required?

A car dealers license bond is required in order to discourage car dealers from screwing people over and to give the public a sense of security when purchasing cars from a licensed dealer. As a licensed car ealer, you are in a position to really take advantage of people if you wanted to.

A car dealers license bond is also required in other situations you might not think about. For example, if you bid on a car at a car dealer auction and refuse to pay for the car, the car dealer auction can sue for your bond amount.

WILL our Car Dealer's License Program WORK IN ALL STATES?

Requirements do vary slightly from state to state, but most states have certain requirements in common with each other. For example, most states require a car dealers license bond, but vary in the amount of the car dealers license bond. One of the books available at our main car dealers license website, www.dealerlicense.com , called "Secrets of Licensed Car Dealers" contains the requirements of all 50 states in the appendix!

The materials we provide will help you get a dealer's license in all the following states: Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois. Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minneso ta Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New. Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania ; Rhode. Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming.

WHERE CAN I FOUND OUT MORE INFORMATION ABOUT GETTING A CAR DEALERS LICENSE?

www.dealerlicense.com or www.cardealerlicense.com

Copyright © 2012, Dealer Consulting. We Specialize in helping you get your Car Dealers License the easy way! Your car dealers license is waiting for you! Let us show you how to get your car dealers license to buy and sell used cars, boats, motorcycles, watercraft, etc!