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: Provides access to trade-ins from major dealerships, lease returns, and rental fleet liquidations. Types of Licenses
: Some states issue distinct licenses for specific markets, such as Dismantler licenses for salvage vehicles or Motorcycle licenses for two-wheeled vehicles. Steps to Getting Licensed license to buy cars at auction
: Ideal for those who only want to buy and sell through auctions or other dealers. These often have less stringent physical requirements—some states, like California, allow wholesalers to operate from a home address with no car lot. : Provides access to trade-ins from major dealerships,
: Bypasses the retail markup found at traditional car lots. : Required if you plan to sell directly
: Allows dealers to purchase vehicles without paying upfront sales tax on units intended for resale.
: Required if you plan to sell directly to the general public. This typically necessitates a physical showroom, lot, and commercial signage.
For those looking to enter the automotive trade, a —technically known as a dealer license —is the essential credential that separates casual buyers from professional wholesalers. This license serves as a professional "key," granting access to restricted, high-volume auctions where vehicles are sold at wholesale prices far below retail. The Purpose of an Auction License