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You are legally allowed to sell up to 5 vehicles a year in New York if those vehicles are titled in your name and used primarily for personal, family, or household use.
If you wish to flip cars for a profit in New York, then the NY Department of Motor Vehicles requires you to get a New York Dealer License.
Not sure if you need a dealer license? Check out this post on selling cars without a license.
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.
Concerned about money? See what you’d pay for a New York Dealer Bond, now!
You can download the form online or call the Office of Vehicle Safety and Clean Air at 1-518-474-4653 to get the form.
You will also need to purchase a dealer starter kit and sign.
A New York Motor Vehicle Dealer Bond is a type of surety bond that protects your customers. If your customers feel you are running an unethical business, they can make a claim against your bond.
The bond amounts are as follows:
You will pay somewhere between 1-15% of the total bond amount, based on your personal credit. This would be per term. You will not pay this fee monthly.
The best way to see what you’d pay is to get a free quote:
Not sure how to get a NY Motor Vehicle Dealer Bond? Use this interactive tool to help you out.
Have bad credit? We can still get you bonded. Check out our bad credit options.
If you are not approved for an NY Dealer License, the $450 fee will be refunded to you.
Mail or bring your NY Dealer License forms, documentation, and NY Motor Vehicle Bond to the Commissioner of Motor Vehicles.
Bureau of Consumer and Facility Services
Attention: Application Unit
P.O. Box 2700
Albany, NY 12220-0700
Wait for the Commission of Motor Vehicles’ to process your NY Used Dealer License application. This could take up to 4 weeks.
Be prepared for a automotive facilities inspector (AFI) to interview you and inspect your dealership premises during this waiting period. Not sure what to expect at your dealership inspection? Read this.
About Surety Solutions, A Gallagher Company
Surety Solutions makes the process of getting your surety bond quick and easy. We’re committed to uphold our culture of trust, honesty and great customer service.
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Need a bond for your New York Used Motor Vehicle Dealer License? View free quotes from top surety companies.
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While it’s a common occurrence for people to confuse surety bonds with traditional insurance policies, they both function differently. Read more…
Jud Webre writes content for Surety Solutions, A Gallagher Company's blog and website.
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I live in a residential area no zone but I want to get my used car dealership license and buy and sell cars as retail how can I go about it being I won’t be approved because of no zone in my residential area
Hello Angel,
Great question! New York requires proof of a dealership property to conduct your business. We recommend you contact the Office of Vehicle Safety and Clean Air to verify your eligibility for a dealer license. Contact them by calling 1-518-474-4653. Hopefully, they are able to assist you with a solution.
Please let us know if you have any questions or would like assistance securing the required surety bond to become a licensed dealer. Contact our surety experts by email at customercare@suretysolutions.com. Best of luck with getting your license!
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