Posted by All State Bonds on
Texas Auto Dealer License Requirements?
- To regulate the Auto Dealer trade, the state subjects Texas Automobile Dealer to many legal restrictions and requirements. For a new Dealer license in Texas, the first step is to obtain a General Distinguishing Number (GDN). This requires, among other things, a permanent place of business, a business Signage, enough space to display five vehicles the dealer intent to sell.
- You’ll need a GDN whether you sell new cars or used them. If you also sell motorcycles. RV’s or other trailers, you’ll need separate GDN for each class of vehicle.
- Each original GDN costs $700, and $400 to renew every 2 years in Texas.
- Auto Dealers also need to obtain a $25,000 surety bond for 2 years as a requirement to get their dealer license. To Apply for a dealer surety bond.
How to obtain a Texas Dealer License?
Forms and Applications for Texas auto dealer license can be found on the TXDMV.gov, see below links
- Auto Dealer Overview Instructions
- Application for New Dealer License GDN
- Instructions for completing the dealer license application
- An application to amend Business Entity
- Payment and mailing instructions
Texas Dealer License – DMV Contact Information:
To contact the Motor Vehicle Division’s licensing department, you may write to the following address:
Texas Department of Transportation
Motor Vehicle Division
Licensing Section
P.O. Box 2293
Austin, TX 78768-2293
Phone: (877) 366-8887 or (512) 416-4800
Fax: (512) 416-4893
For more help with your Dealer License or Dealer Bond Contact our office and one of our representatives will be happy to help you. * All preferred rates are based on excellent credit history and the surety company reserves the right to change auto dealer bond rates at any time and without notice.
Filed Under: Dealer License | Tagged With: dealer license, How to obtain a Texas dealer license