Overhaulin'

How do I obtain a Wholesale license in Texas to buy/sell used cars?

Actually what I have started to consider is buy cash cars here and sell them in Mexico. What do I need to do?

Public Comments

1. Any person who is engaged in the business of buying, selling or exchanging motor vehicles, motorcycles, travel trailers or trailers/semi-trailers is required to obtain a dealer license. The Motor Vehicle Di­vision assigns a current valid, general distinguishing number for locations in each city municipality. The main exception is for a person who sells fewer than 5 vehicles in a calendar year, provided the vehicles are titled and registered in such person's name. New Franchise Dealer License Fees: $175.00 franchise fee plus $500.00 for each required general dis­tinguishing number (motor vehicle, motor cycle, travel trailer, trailer/semi-trailer, wholesale and wholesale auction). Annual renewal fee is determined by number of cars sold in a calendar year ($175.00 - $750.00 for license plus $200.00 for each required general distinguishing number). Used Car Dealer License Fee: $500.00 Used Car Dealer Renewal Fee: $200.00 per year for each general distinguishing number
2. Use this link to get licensing info for Texas. http://www.dmv.org/tx-texas/dealer-licensing.php
3. Contact the Business Licensing in Texas. From there, you'll need to contact the Dealer's Division for info regarding bonds and insurance, and dealer regulations. Just enter Tx/dealerlicensing, the page pops right up.