Motor Vehicle Dealers in Kansas need to apply for dealer license and obtain a $30,000 Vehicle Dealer Surety Bond. Dealer applicants can apply for licensure through the Kansas Department of Revenue.
The following is required for licensure:
Complete the application and pay the required license and license plate fees.
Dealers must have an established business location that includes an office and a place to receive mail, store records, etc. The business must also have a phone and be listed under the business name, have a permanent sign that can be seen from the street (with at least 10" height in letters), and have approved zoning from local authorities.
Have the application signed by the treasurer from the county municipality where the dealership will be located. The signature verifies that all personal property taxes are paid to date.
Applicants will need a sales tax registration number. The business name and the sales tax registration name must match exactly.
Obtain a state tax clearance certificate from the Kansas Department of Revenue.
Provide the following: Three credit references or if a partnership, corporation or limited liability company provide your formation documentation, a Certificate of Insurance (liability insurance), an original surety bond as noted below, and if a franchise dealer provide a copy of the franchise agreement.
The following Kansas vehicle dealers will need to have the required $30,000 surety bond:
Licenses and bonds renew annually by December 31st.
The premium that you pay for a Kansas Vehicle Dealer Bond is dependent on credit and experience in the vehicle sales industry.
Our Surety Bond Specialists can give you a free, no-obligation quote for the type of bond needed for your business.
Hours: 8:00-5:00 CST, Monday through Friday
We have been underwriting surety bonds for over 35 years, and we offer bonds for individuals and businesses of every size.
Our team of experienced surety specialists and in-house underwriting authority gives us a unique advantage over other surety companies. We are able to offer competitive, low rates, quick approvals and immediate bond delivery. In most cases we can approve your application today and deliver your bond tomorrow.