How to Become a Car Dealer in Idaho
How to Get a Dealer License in Idaho
To legally sell vehicles in Idaho, you must obtain a dealer license through the Idaho Transportation Department.
Step 1: Choose Your License Type
Idaho offers several dealer license types:
- New vehicle dealer
- Used vehicle dealer
- Wholesale dealer
Step 2: Register Your Business
Before applying, you must:
- Form a business entity (LLC, corporation, etc.)
- Obtain an EIN from the IRS
- Register your business with the state
Step 3: Secure a Business Location
Requirements include:
- Permanent business location
- Office space for records
- Display lot for vehicles
Step 4: Obtain a Surety Bond
Idaho requires:
- $20,000 dealer surety bond
Step 5: Complete Required Forms
You’ll need to submit:
- Dealer application
- Proof of insurance
- Background check
- Business registration documents
Step 6: Submit Your Application
Submit all documents and applicable fees to the ITD.
Step 7: Pass Inspection
Your dealership may be subject to inspection before approval.
How Long Does It Take?
Most applications are processed within 2 to 4 weeks.
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Disclaimer
Please note: The contents of this article are subject to change with any regulatory or legislative updates. This article does not constitute legal advice. Always verify the information with your state’s regulatory agency before proceeding.
Sources
https://itd.idaho.gov
https://www.bryantsuretybonds.com/blog/idaho-dealer-license
https://www.acvauctions.com/blog/how-to-get-a-dealer-license-in-idaho