Welcome to the Auto Dealer Academy. From my experience, people prefer driving over walking. You simply get an auto dealers license and operate your business with the Auto Broker Model as I teach in my training course. You are their personal auto broker — a full-service auto broker. Learn more. You are a new kind of dealership — an Auto Broker! Your clients love you and they tell everyone they know about you.
With the right personality, you can make six figures a year with no problem. This is a NICE car business! You want to buy common cars that are easy to find and buy — no weird colors or options.
I will teach you how to take profitable orders! Do not accept a job looking for a needle in the haystack unless you get a nonrefundable auto broker fee! You set the terms of your job. A receipt and a copy of your bond will be emailed to you. If you would rather deliver the bond to ADOT yourself, you can opt to do so during checkout.
The original bond and any other license requirements can be mailed to the following address:. With Jet, you can! If you elect to cancel your bond, you will need to notify Jet in writing.
During this day period, the obligation to ADOT still stands and you and Jet are still responsible for any claims. Dealers who have paid for an annual term for the bond may receive a prorated refund, based on the time remaining. Jet will calculate the unearned premium beyond the 60 days noted above , and the remainder will be refunded to you. Monthly payments subscribers will continue to be charged the monthly rate during this time, until cancellation is complete, at which point, payments will cease.
For dealers who have opted to pay for the bond monthly, renewal is not necessary. As long as your payments continue, the bond will remain in force with ADOT without any effort. For those paying for the bond annually, simply pay the renewal premium before the renewal date of your bond.
Jet will remind you of the renewal well in advance so you can either renew online or through the mail. Auto dealers in Arizona can avoid claims against their license bond by selling vehicles in accordance with the Arizona Revised Statutes Section According to the statute, this specifically means that auto dealers must:.
How a dealer runs their business can effectively neutralize any issue with the Arizona Department of Transportation. Ensuring the dealership obtains clean title before selling a car is a no brainer step.
Keeping good records and utilizing an efficient process, why not? Paying government taxes and fees, that is about as unavoidable as the only other guarantee in life so might as well. If a consumer files a complaint with ADOT, the Department will launch an investigation and ask you for any applicable records and evidence to come to your defense.
Best to provide all evidence and be compliant with the regulator demands should there be any mitigation measures taken. If you receive a claim against your bond, please notify Jet immediately. ADOT requires a criminal record check for each applicant and partner. You can request a fingerprint card online and bring it to an approved fingerprinting location. Your application will be denied if you've been convicted of fraud or an auto-related felony within the last 10 years OR any type of felony within the last 5 years.
Provide any other applicable required documents. You can use the checklist included with the application to help. You'll receive an invoice for all other applicable fees to be paid later.
Box MD M Phoenix, AZ Refer to the state's Dealer Services and Licensing for a more detailed process overview and further information about licensing, additional dealer forms, and more. Apply for a Business License Most likely, you'll also need to apply for a business license. On This Page.
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