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Can I operate a used dealer license in MO state?
I know of people that operate this type of business but dont know them well enough to ask how. Can I have a used dealer business and run it from my home in Saint Louis County, MO? I have looked several places online, but have not found a sure answer. Any MO used Car dealers out there?
Thank you in advanced
3 Answers
- mccoybluesLv 71 decade agoFavorite Answer
It's not that simple.
A used car dealer is a highly regulated business in every state. The license is expensive to obtain and the requirements for operating this type of business are tough. It requires a large cash investment, you must be bonded, you must have insurance and you must have an established line of credit.
In most states there are several different types of car dealer licenses. Go to the MO state website and look for the section on business licenses. Read up on the requirements. It should be under the Secretary of State website.
In almost every case operating this type of business as a home based business isn't going to be feasible. Most states require a physical location to store and advertise the cars you have for sale ( a car lot) with adequate signage and a building to conduct business in (a showroom)
- ?Lv 61 decade ago
In my state, you cant operate a retail business from your home unless its zoned for business.
And of course you need a large sign, a land line phone in the company name, garage liability insurance and the dealer bond.
Cost wise, renting an car lot & garage liability insurance are the biggest immediate expenses.
- ?Lv 44 years ago
A pharmacist is somebody who's dealing drugs with the objective of convalescing your actual well-being. somewhat, i'm fairly particular they take some thing comparable to the Hippocratic oath. Drug sellers...have they have been given your superb intentions in innovations (as a pharmacist could)? in the event that they do take an oath to get carry of a license, then they're breaking that oath by potential of dealing unlawful and/or risky drugs.