Auction access has nothing to do with the retail sale of vehicles.
Auction access gives you the right to bid and buy vehicles at the auctions where the dealer has registered as a dealer.
If you use this access and purchase a vehicle at auction, you DO NOT own it. You have to pay for it but the title and sales receipt will be in the name of the dealer that gave you permission to access, bid and purchase at the auction.
The dealer from another who has given you auction access does NOT have the right to sell cars located and sold in your state. They own the car. You do not. The dealer is not licensed to sell cars in your state.
You as an individual would be violating the laws in your state because you are selling without a license. Licenses STOP at state lines.
Selling a vehicle at Retail in California requires a Retail Used Car Dealer License from the California DMV.
All dealer license applicants must select the type of dealership they wish to create.
The choices are:
Wholesale only dealers sell from dealer to dealer, auction or dismantler, A wholesale only dealer cannot sell directly to the public. We offer drafted sale assistance for wholesale only dealers wishing to sell an inventory unit to the public.
Wholesale dealers selling 24 units per year or less require a $ 10k bond.
Wholesale dealers selling 25 units or more per year require a $ 50k bond.
Wholesale dealers do not need parking, outside or inside signs.
Zoning approval is usually simple and may allow a home based dealership if separate entrance requirements are met.
A retail license includes a wholesale license. Retail dealers are unrestricted in whom they can sell their inventory to. Retail dealerships require a commercial location with local zoning approval including assigned parking, inside and outside signs. Mixed use locations may qualify with zoning approval and separate offices. Only one dealer may occupy a USPS approved address.
All retail dealers, except motorcycles require a $ 50k bond.
Any dealer, wholesale or retail, with a $50k bond, local zoning approval and an outside sign may choose to become a licensed autobroker.
AutoBrokers may legally collect a finders fee when they bring a customer to a selling dealer. AutoBrokers must establish a trust account and have written authorization signed by the buyer to get paid. AutoBrokers may collect fees from the buyer and the selling dealer with full written disclosure. The fee is $ 125. then $75. per year
AutoBrokers are legally allowed to deliver brokered dealer inventory provided they have assigned their own dealer plate and have dealer insurance on file.
TriStar Motors LLC as the only licensed retail dealer / broker certified to teach DMV dealer education offers wholesale dealers the ablity to draft retail sales on their retail dealer / broker license. Red Flag Certification required and fees are $ 250. per transaction. Restrictions apply.
What’s a VIN? A Vehicle Identification Number (VIN) is the 17-character identifier for your car, truck, or motorcycle. It looks like this: 1VXBR12EXCP901213, and encodes the vehicle’s manufacturer, features, and serial number. No two vehicles have the same VIN, so it serves as your car’s fingerprint– this allows for all reports of accidents, title problems, insurance incidents, and more to be tracked through each vehicle’s VIN.
Through VinAudit.com, you can look up records associated with your VIN instantly:
Where can I find my VIN? You can find your vehicle’s VIN in the title document, the vehicle registration, and on the insurance policy. The VIN could also be located at the following locations on the car itself:
On the driver’s side dashboard (viewable through the windshield)
On the driver’s side door (on a sticker in the door jamb)
Why would I order a VIN report? A VIN report lets you learn about your vehicle’s history. It includes checks for whether the car has been stolen, experienced accidents, recorded as salvaged, as well as many othertitle problem checks. Ordering a VIN report before purchasing a vehicle allows you to catch potential problems and purchase with confidence.