How do you get a car auction license in NY?
To get a New York Dealer License, you’ll need to complete an NY Dealer License Application, get a Sales Tax ID Number, purchase insurance, secure a surety bond, and provide other necessary documents and fees.
How much is a car auction license in NY?
Requirements
| If You File Your Application Between These Dates: | License Fee Option 1 | License Fee Option 2 |
|---|---|---|
| From February 1 in an even year to July 31 in an even year | Pay $450 for a license expiring July 31 of the soonest odd year. (Valid for at most 18 months.) | N/A |
How do I get a dealers license in NY without a lot?
- Step 1: Obtain a Certificate of Authority.
- Step 2: Obtain Proof of Business Name.
- Step 3: Obtain Proof of Workers Compensation Insurance.
- Step 4: Obtain a surety bond.
- Step 5: Submit your application and documents.
- Inspection Process.
- License and Bond Renewal.
- Learn More about New York Auto Dealer Bonds:
How do I get a dealers license in NY?
New York Auto Dealer License Guide
- Obtain a Permanent Business Location.
- Obtain Your Auto Dealer Bond.
- Obtain Proof of Liability Insurance.
- Purchase Your Dealer’s Starter Kit.
- Compile the Required Documents.
- Arrange for a Business Location Inspection.
- Submit Your Dealer License Application.
How much does it cost to get a dealer license in NY?
Submit Your Dealer License Application Motor vehicle dealer business fee: $487.50. MV-50 fee: $260.
How many cars can you buy and sell in a year?
Within the state of California, you can only sell up to five vehicles within a year without a vehicle dealer’s license. Of course, the vehicles must be registered in your name. If they are not registered in your name when you sell them, you are committing a felony offense.
How much does it cost to get a dealers license in NY?
Application fee: $37.50, must be sent along with the entire application and supporting documents. Two Year Registration Fee: $450, will be refunded if your application is not approved.