How to get an auto dealer
license in Mississippi
Our practical guide outlines all the major requirements for becoming a licensed and bonded car dealer in Mississippi
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What's inside?
- Step-by-step instructions on getting your business registration in Mississippi
- Information on licensing requirements for all dealer license types
- Overview of the costs associated with getting licensed and bonded
- A printable checklist with all licensing requirements for your convenience!
Table of Contents
1. Introduction
- 1.1. Overview
- 1.2. Dealer license types
2. Mississippi business registration requirements
- 2.1. Pick a business type
- 2.2. Obtain an Employer Identification Number (EIN) from the IRS
- 2.3. Register with the Secretary of State (SoS)
- 2.4. Register with the Mississippi Department of Revenue (DoR) and your county
3. Dealer Licensing
- 3.1. Licensing requirements
- 3.1.1. Secure a business location and comply with local zoning ordinances
- 3.1.2. Comply with facility requirements (does not apply to wholesale dealers!)
- 3.1.3. Pass a dealer education seminar (used and wholesale dealer license applicants only!)
- 3.1.4. Obtain motor vehicle liability insurance (used and wholesale dealer license applicants only!)
- 3.1.5. Enter into a franchise authorization agreement (new vehicle dealer license applicants only!)
- 3.1.6. Get an auto dealer surety bond
- 3.1.7. Complete your license application and attach all additional documents
- 3.1.8. Pay fees and submit your application
- 3.2. License Renewal
4. Bonding
- 4.1. What is an auto dealer bond?
- 4.2. How much does the auto dealer bond cost?
- 4.3. How to get bonded?
About bryant surety bonds
Appendix: Printable licensing checklists
About the Author
Todd Bryant is the President and CEO of Bryant Surety Bonds. He frequently shares his expertise on everything related to licensing and bonding requirements in an effort to help aspiring entrepreneurs
Bryant surety bonds
Bryant Surety Bonds is a surety agency with a long track record of assisting auto dealers get bonded in all 50 states.
We get a great number of dealer bond requests from Mississippi and a lot of questions related to the bonding and licensing process. This is why we decided to share our expertise and provide this free resource on everything related to getting your dealer license and bond in Mississippi.
Mr. Bryant's pieces have been featured in publications such as: