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Wholesale Dealers - May sell or change autos solely with different licensed dealers. On probably the most fundamental stage, you’ll need a physical location on your dealership that meets the state’s premises requirements, and a supplier surety bond in the amount of $50,000. Dealer licenses are $700 + vendor plates and are issued for two-year terms. Registering your small business with the Secretary of State is covered in great element in your vendor coaching course. Certain business