Whether you are looking to open a new automobile dealership or have been in business for years, DCS is here to help in all aspects of properly operating and maintaining a properly licensed dealership.
Frequently Asked Questions
Do I need a dealer license to get into auction(s)?
Yes. Most major auction houses are not open to the general public. In order to buy vehicles at auction you must be a properly licensed dealer.
What type of dealer license do I need?
Well that depends on your specific needs. The most common dealer license is called a Vehicle Independent Dealer License (VI) and this type of license is typically pursued by individuals who want to be able to buy or sell vehicles at auction and/or retail (ie. to the public). For more information on other types of licenses and their purpose, click here.
Do I need a finance license if I don't charge interest?
Yes. If you deliver a vehicle and a party still owes you money for it, you are acting as a Motor Vehicle Installment Seller—even if you don’t charge interest.
Do I need a finance license if I'm using my own money to finance?
Yes. Whether you’re using your own money or using a finance company’s the Department of Financial Regulation requires you to have a Motor Vehicle Retail Installment Sellers License.
Does DCS offer private consultations?
Absolutely. Our licensing specialists can meet with you and provide you with a roadmap to help you obtain your dealer license. To schedule a consultation call (305)758-9001.