How to Start a Powersports Dealership in California
How to Start a Powersports Dealership in California?
If you’re trying to start a motorcycle or Powersports dealership within the state of California DealerClick DMS can help!
Becoming a Powersports dealer is a dream come true for a lot of people. But where do you start? How much money does it take? And how do you qualify? These are all great questions that we will answer for you here. So keep reading if you want to learn how to start a motorcycle dealership in California!
Here are the steps you need to follow to obtain a California Motorcycle Dealer License:
1: Complete an application packet HERE
2: Undergo criminal historical past check
3: Purchase a California Motor Vehicle Dealer Bond in the amount of $10,000
4: Meet other requirements
Sounds easy, right? So here is the breakdown:
Step #1: Complete a California Dealer License Application
Be sure to finish the packet totally if case you plan to sell new or used motorcycles:
Step #2: Undergo criminal history test (such as Live Scan fingerprinting)
If you are no longer sure whether or not you are eligible for a California powersports dealer license because of a previous conviction, the DMV permits you to document an abbreviated utility. You’ll nonetheless pay a $176 utility charge, however the state will allow you to realize whether it would grant you a license earlier than you visit the trouble of putting in place your commercial enterprise, obtaining a surety bond, and so on. If you’re thinking about an abbreviated utility, contact the Occupational Licensing Inspector on your vicinity for assistance.
Step #3: Purchase a California Motor Vehicle Dealer Bond.
A California Motor Vehicle Dealer Bond is a type of surety bond that protects your customers from fraud or misrepresentation in the course of a business sale. Not certain the way to get a California Auto Dealer Bond? Use this interactive tool that will help you out. Your bond amount is set at $10,000.You will now not need to pay the total bond amount to get bonded.You would possibly simplest need to pay $100 in your bond. This is a one time payment, not a monthly price.
Step #4: Meet other requirements.
Provide evidence of dealer training of entirety and pass written exam (handiest for used and wholesale dealers). Provide a duplicate of your condominium or lease agreement. Include signed and dated photos of your business consistent with DMV requirements. Include copy of county commercial enterprise license, Certificate of Occupancy, or Tax Certificate, Copy of Board of Equalization Resale Permit.
Step #5: Submit.
Submit your paperwork to the California DMV and look forward to approval.You will need to include the following expenses:
$175 initial license application fee
$1 Family Support Program rate
$100 Autobroker charge
$300 New Motor Vehicle Board price
$71 / each supplier plate
It may want to soak up to 120 days to get approved for your CA Dealer License Application and run a check.The CA DMV helps you to test your license reputation.Your place of work will want to be inspected by using an Occupational Licensing Inspector earlier than you may be granted a California Dealer License.
To renew your CA Dealer License, you want to finish and put up an Application for Renewal of License (Form OL 45). Every 2 years, you need to additionally supply proof of persevering with provider training.
Ready to get on your way to selling motorcycles in the state of California?