Utah used car dealer license

We have provided some detailed information and links that will help you navigate the system and run a successful dealership that remains on good terms with the Utah State Tax Commission and the MVED. Dealer license: A dealer's license for new motor vehicles allows you to sell and dismantle new and used vehicles and large trailers, and to run a body shop. A dealer's license for used motor vehicles limits your dealings to used vehicles.

The same two types of licenses are also available for those dealing with new or used motorcycles, snowmobiles, off-highway vehicles, and small trailers those weighing through 1, lbs when empty. You must post your license certificate at the dealership and carry your license card with you when on the job or driving one of the vehicles.

No matter when you receive your license, it expires annually at midnight on June Unfortunately, your licensing fees will not be prorated. Records: Make lots of room in the dealership office, because you need to document everything that goes on at your dealership. Show them to any MVED employee or police officer who asks to see them.

Trade-ins: If you accept a trade-in from a customer who still owes on the loan for the vehicle, you must notify the lienholder in writing within 7 days that the vehicle has been traded in.

Furthermore, you must pay off the loan to the lienholder within 21 calendar days of the sale date or 15 calendar days from the date you were paid in full for the vehicle you sold whichever is sooner. If the sale falls through, you have 5 days to notify the lienholder in writing that the sale has been rescinded, and you must return the trade-in vehicle to the customer. Third-party warranties: You have 15 days from the date you sell a third-party warranty or service contract to a customer to pay the warranty or service contract company.

If you fail to pay the warranty or service contract company within 15 days, you could be liable to the customer for any damages that would have been covered, and you risk having your dealer's license suspended. The Utah State Tax Commission issues sales tax numbers to new dealerships.

Every person involved in your dealership must attend an eight-hour training seminar. You can register for the class online here or through the following contacts:.

The fees are the same no matter what license you are applying for. You will also need to purchase dealer plates for your vehicles, allowing customers to drive vehicles away from your lot legally. Send your entire application package along with original Utah Motor Vehicle Dealer Bond to the address below:.

Allow up to 10 days for your Utah Dealer License application to be processed. You must pass this inspection before a Utah Car Dealer License can be issued to you. For a complete list of dealership location requirements, check out Part 2 of this resource. Want a complete break down of all the required steps? Check out this resource. License fees are not prorated. Courses last 8 hours and can be completed : Online through Utah M.

In person at an: Independent Dealer Solutions course: Call MVED : Call The IRS provides an online application process and instructions. After that, you can order 1 plate per 25 vehicles sold. Obtain a standard FBI Fingerprint Card from the law enforcement officer collecting your fingerprints , and make sure he or she signs the form. Are no smaller than a passport photo and no larger than 5 by 7 inches. Photo of the dealership location , which must show its sign.

Original signed training certificate or printout. Be able to safely store and review dealership records.