wholesale dealers can draft retail sales thru TriStar Motors LLC

DMV Licensing Choices

All dealer license applicants must select the type of dealership they wish to create.

The choices are:

Wholesale Only

Wholesale only dealers sell from dealer to dealer, auction or dismantler, A wholesale only dealer cannot sell directly to the public. We offer drafted sale assistance for wholesale only dealers wishing to sell an inventory unit to the public.

Wholesale dealers selling 24 units per year or less require a $ 10k bond.

Wholesale dealers selling 25 units or more per year require a $ 50k bond.

Wholesale dealers do not need parking, outside or inside signs.

Zoning approval is usually simple and may allow a home based dealership if separate entrance requirements are met.

Retail

A retail license includes a wholesale license. Retail dealers are unrestricted in whom they can sell their inventory to. Retail dealerships require a commercial location with local zoning approval including assigned parking, inside and outside signs. Mixed use locations may qualify with zoning approval and separate offices. Only one dealer may occupy a USPS approved address.

All retail dealers, except motorcycles require a $ 50k bond.

AutoBroker Endorsement

Any dealer, wholesale or retail, with a $50k bond, local zoning approval and an outside sign may choose to become a licensed autobroker.

AutoBrokers may legally collect a finders fee when they bring a customer to a selling dealer. AutoBrokers must establish a trust account and have written authorization signed by the buyer to get paid. AutoBrokers may collect fees from the buyer and the selling dealer with full written disclosure. The fee is $ 125. then $75. per year

AutoBrokers are legally allowed to deliver brokered dealer inventory provided they have assigned their own dealer plate and have dealer insurance on file.

Call jonathan@autoconnection.com to broker new cars, 415-331-5983

Drafted Sales for Wholesale Only Dealers

TriStar Motors LLC as the only licensed retail dealer / broker certified to teach DMV dealer education offers wholesale dealers the ablity to draft retail sales on their retail dealer / broker license. Red Flag Certification required and fees are $ 250. per transaction. Restrictions apply.

Call joseph@gotplates.com to arrange a drafted sale, 800-901-5950.

where do i find the VIN ???

What’s a VIN?
A Vehicle Identification Number (VIN) is the 17-character identifier for your car, truck, or motorcycle. It looks like this: 1VXBR12EXCP901213, and encodes the vehicle’s manufacturer, features, and serial number. No two vehicles have the same VIN, so it serves as your car’s fingerprint– this allows for all reports of accidents, title problems, insurance incidents, and more to be tracked through each vehicle’s VIN.

Through VinAudit.com, you can look up records associated with your VIN instantly:

Enter VIN:
What’s this? Example: 1VXBR12EXCP901213

Where can I find my VIN?
You can find your vehicle’s VIN in the title document, the vehicle registration, and on the insurance policy. The VIN could also be located at the following locations on the car itself:

  • On the driver’s side dashboard
    (viewable through the windshield)
  • On the driver’s side door
    (on a sticker in the door jamb)

Why would I order a VIN report?
A VIN report lets you learn about your vehicle’s history. It includes checks for whether the car has been stolen, experienced accidents, recorded as salvaged, as well as many othertitle problem checks. Ordering a VIN report before purchasing a vehicle allows you to catch potential problems and purchase with confidence.

#realcardealerschool

800-901-5950