Texas dmv used car dealer license

Dealing cars without a license is illegal, and if you get caught, it. This is, in essence, your texas used car dealer license. What you need to know about starting your new dealership motor vehicle inventory tax statement vit and inventory declaration declaration :.

Within 30 days of the active date of your license, not when you open for business or. The auto dealer bond functions as a protection for the state and its citizens that your dealership will comply with all texas rules governing the. You need to get bonded in order to be allowed to open a used car dealership in texas.

Fill out an application form. View More Information. Franchise Necessary for new vehicle sales Operate under agreements with manufacturers or distributors View More Information. Salvage Dealer Buy or sell more than five salvage or nonrepairable motor vehicles in a calendar year; Repairs or rebuilds more than five salvage motor vehicles in the same calendar year. Converter Assembles, installs, or affixes a body, cab or special equipment to a chassis, or Substantially adds, subtracts from or modifies a previously assembled or manufactured motor vehicle other than a motor home, ambulance or fire-fighting vehicle.

Distributor Distributes or sells new motor vehicles to a franchised dealer, or Enters into franchise agreements with franchised dealers on behalf of the manufacturer View More Information.

In-Transit Allows drive-a-way operator to transport and deliver a vehicle in Texas from the manufacturer or another point of origin Drive-a-way operators may apply for, receive, and attach metal in-transit license plates to the vehicles they transport. Wholesale Dealers - May sell or exchange vehicles only with other licensed dealers.

Are NOT required to have a five-vehicle display area. May NOT sell vehicles to retail purchasers. Wholesale vehicle dealers may buy, sell, or exchange used vehicles, including motor vehicles, motorcycles, and travel trailers. May use temporary tags and metal dealer license plates. A "mobility motor vehicle" is a motor vehicle designed and equipped to transport a person with a disability.