How to get an auto dealer
license in North Carolina
Our practical guide outlines all the major requirements for becoming a licensed and bonded car dealer in North Carolina
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What's inside?
- Step-by-step instructions on getting your business registration in North Carolina
- 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. North Carolina business registration requirements
- 2.1. Pick a business name and type
- 2.2. Register with your county or the SoS
- 2.3. Obtain an Employer Identification Number (EIN) from the IRS
- 2.4. Register with the North Carolina Department of Revenue (NCDOR)
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 location requirements
- 3.1.3. Obtain a Traders License
- 3.1.4. Pass a licensing course (for used vehicle dealers only!)
- 3.1.5. Obtain insurance
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- 3.1.6. Schedule a location inspection
- 3.1.7. Obtain an auto dealer surety bond
- 3.1.8. Complete your license application and attach additional documents
- 3.1.9. Submit your application and pay fees
- 3.1. 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 North Carolina 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 North Carolina.
Mr. Bryant's pieces have been featured in publications such as: