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Michigan No-Fault Fleet Insurance: You must have 20/40/10 fleet-type insurance indicating coverage for "any vehicle" or "all owned vehicles". Schedule a Fingerprint Appointment. You need to apply for a MI dealer license if you buy, sell, broker, or lease at least 5 motor vehicles in 12 months. Apart from the Michigan dealer license application, applicants for the various types of licenses must also fulfill a number of additional conditions. Allow at least 30 days for processing. Types of Dealer Licenses . Used Vehicle Dealer Pre-License Training Dates.
How much does it cost to get a dealer license?
Class B — Dealers of used cars. Related Documents AR-0032 Original Vehicle Dealer License Application Packet - Warning! All other licenses cost $75. Class C — Dealers of parts from used cars. Please note that not submitting the required checklist items and not fully completing the dealer application will delay the processing of your license application. The license fee for Class C, Class H and Class R dealers is $160. Michigan dealer license requirements. Dealer plates are $10 each. The Michigan SOS offers different types of dealer licenses; a few common classes include: Class A — Dealers of new cars. All dealers are required to: Complete an application; Submit completed zoning and municipality approval forms (except Class H applicants)
Every individual listed as an owner, partner, corporate officer, …