English: 16-Hour New License Auto Dealer Course
Renewal Option Fee
assessment
New Dealers
House Bill 7125
Effective July 1, 2013, dealers, manufacturers, importers, and distributors have been given the option of biennial renewal of their license which to some is a great step. This new statute also include biennial renewals for dealers applying for initial licenses, as well as supplemental licenses. Please look at the following table detailing the option for initial applicants and their corresponding fees.
| Applicants By Type | Initial Year | Renewal Fee |
| Franchise Dealer (VF) | $300 | $75 |
| Independent Dealer (VI) | $300 | $75 |
| Wholesale Dealer (VW) | $300 | $75 |
| Auction Dealer (VA) | $300 | $75 |
| Salvage Dealer | $300 | $75 |
For dealers currently holding an active license, the biennial renewal option fee is simply doubled.
Biennial Fees
| License Type | Biennial Renewal Fee |
| VF | $150 |
| VI | $150 |
| VW | $150 |
| VA | $150 |
| SD | $150 |
Example: VI will submit a $150 fee payment for a 2 year renewal.
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Course
English: 16-Hour New License Auto Dealer Course
Author
Joaquin Jimenez
Instructor
