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Dealers Handbook
Use our Surety Bond Center to shop the rates of multiple companies online. Receive free quotes and save hundreds.www.dmv.orgMinnesota's Department of Public Safety provides a Dealer Guide. This 22-page booklet tells you everything you need to know about obtaining a vehicle dealership license.
This Web site, maintained by Driver and Vehicle Services (DVS) is a great resource for dealers, and includes a link to the dealer guide.
The typical dealer licensing fee in Minnesota is $258.50, depending on the specific nature of your business.
What the Guide Contains
Within this guide, you'll find information in the following sections:
- General Information
- Temporary Dealer License
- Changes in Business Activity
- Change in Dealer License Conditions
- Dealer License Renewal
- Conducting Business
- Record Keeping Requirements
- Salvage Vehicles
- Permits
- Dealer Held for Resale
- Reporting Sales to Out-of-State Buyers
- Sales Invoices/Purchase Agreements
- Consignment Agreements
- Used Vehicle Warranties and Lemon Laws
- Motor Vehicle Forms
- Sales Tax Exemptions for Dealers
- What is a Used Vehicle?
- Types of Dealer Licenses
- Where to Call for Help
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