How Do I Get a Vehicle Dealer License in Nevada?

To get a vehicle dealer license in Nevada, follow these seven steps:

Step 1: Establish a place of business

Establish a permanent business location for your dealership that meets state requirements.

Step 2: Register business with the state

Next, define your business’s legal structure. Register online with the Secretary of State and obtain a business license from your local city or county. 

If you plan to hire employees, you’ll also need a Federal Employer Identification Number (FEIN). 

Step 3: Purchase a surety bond

Regular vehicle dealers need a $100,000 surety bond, while motorcycle dealers need a $50,000 bond. This is a financial guarantee that you’ll uphold state regulations.

Apply for your free Nevada vehicle dealer bond quote today, starting at $1,000.

Step 4: Purchase an insurance policy

Next, purchase liability insurance. Under Form OBL-273, this can be either a garage liability policy (including automobile liability) or a commercial auto policy. 

Step 5: Submit application

Complete the Business License Application Packet (Form OBL-335) and the following supporting documents: 

• Application for Business License and Garage Registration (Form OBL-237)
• DPS Fingerprint Background Waiver (OBL-256)
• Fingerprinting completed by an authorized DMV representative or law enforcement agency
• Personal History Questionnaire (OBL-242)
• Proof of insurance and surety bond
• Copy of business license, certificate of incorporation, and FEIN
• Two color images of the exterior showing your facility and proper signage
• Dealer Franchise Certification (OBL-253) completed by all manufacturers and distributors you plan to buy from

Mail all documents to the address below:

Occupational and Business Licensing 

555 Wright Way 

Carson City, NV 89711

Step 6: Pass an inspection

The DMV may take around 30 days to process your application. Then, they will contact you to set up a facility inspection. Ensure your building complies with state standards.

Step 7: Purchase dealer plates

After passing the inspection, purchase dealer plates for all vehicles in your lot. Plates cost $16.25 each.

How to Renew Your Auto Dealer License

Nevada auto dealer licenses expire annually. The DMV will mail or email you a renewal notice. Use the access code on the notice to renew online and pay the $50 fee. File your renewal up to 45 days before your license’s expiration, or the DMV will charge a $25 late fee.

After five or more years of licensing, you can request a bond reduction up to 50% of the original amount by submitting the bond reduction request form.