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Maine Auto Dealer License: Step-by-Step Guide

  • Learn how to get licensed in a few easy steps
  • Understand the licensing requirements for your state
  • Learn how to stay compliant
  • Get a free license bond quote in minutes
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The licensing process is handled by the Bureau of Motor Vehicles (BMV). The complete dealer package can be downloaded online. Anyone who sells more than five vehicles in a 12-month period or advertises or displays more than three vehicles for sale in a 30-day period is required to obtain a license.


Determine Which Type of License You Need:

  • New Vehicle Dealer
  • Used Vehicle Dealer
  • Vehicle Auction
  • Equipment Dealer
  • Wrecker
  • Light Trailer Dealer
  • Loaner
  • Recycler
  • Transporter

1

Obtain a Permanent Business Location

Your business location must meet the following requirements:

  • Be located in a permanent, enclosed building
  • Have a display area
  • Have an office
  • Have reasonable business hours
  • Have a repair facility
  • Be equipped during posted business hours with tools and equipment
  • Display the license and supplement license(s) issued
  • Have a sign which should be permanent, more than 12 sq. ft in surface size, readable from 200 ft, and contain the trade or business name of the dealer
  • Contain business records

For the full requirements, download the rules for vehicle dealers, auctions, transporters, recyclers, mobile crushers, and loaners.

Note: You need to comply with the zoning requirements and have a notarized zoning form.


2

Complete the Criminal History Background Check

You are required to complete a criminal history background check with the Maine State Bureau of Investigation ($31 fee).


3

Obtain Proof of Liability Insurance

Insurance must cover personal injury or death of any one person in the sum of $100,000, any number of persons in the sum of $300,000, and property damage in the sum of $100,000 (29-A M.R.S. §1612). An R-1348 insurance filing must be submitted to the BMV by your insurance company.


4

Obtain Your Auto Dealer Bond

All dealer applicants must purchase an auto dealer license bond before they can receive their license.

Bond Amount Required:

  • $5,000 for 0 to 50 sales
  • $10,000 for 51 to 100 sales
  • $15,000 for 101 to 150 sales
  • $20,000 for 151 to 200 sales
  • $25,000 for 201 sales and over

5

Complete an Official Questionnaire

An official questionnaire with information about your business location and dealership history must be included with your application and notarized.


6

Pass a Place of Business Location Inspection

Your facility has to meet at least the minimum requirementsfor the type of license(s) you are applying for.


7

Prepare Additional Documents

  • Copy of the plot plan
  • Copy of the partnership agreement (for partnerships)
  • Copy of the Articles of Incorporation (for Maine corporation, LLC, LLP etc.)
  • A sworn affidavit which includes the names, titles, and ownership percentages of all relevant persons in the business

Note: You will also need to obtain a sales tax number and a federal ID Number or Owner’s Social Security Number. To get your FEIN, contact Maine Revenue Services at (207) 624-9693.


8

Submit Your Dealer License Application

Fill out the application form (MVD-350) along with all supporting documentation.

Fees:

  • $150.00 initial dealer application filing fee
  • $150.00 license fee for all dealers except Light Trailer and Motorcycle Dealers
  • $50.00 license fee for Light Trailer and Motorcycle Dealers
  • $100.00 secondary lot location fee
  • $5.00 – $200.00 fee per dealer plate, based on the type of plate (you’ll find the details on the application form)

Note: Your check should be payable to “Secretary of State.”

Submit your application to:

Secretary of State
Bureau of Motor Vehicles
Dealer and Agent Services
29 State House Station
Augusta, Maine 04333-0029



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