Tennessee Dealer License Checklist-Get Your Dealer Auction License in Tennessee-TN Dealers

Tennessee Dealer License Checklist Click on the following link for your expedited Tennessee Dealer Surety Bond Quote: https://fc31515.propeller.insure/axel... Follow these steps and use the links below to obtain your Tennessee Used Motor Vehicle Dealer License: Obtain a Dealer Surety Bond Get Business Insurance Register with the Tennessee Secretary of State & Apply for a Sales Tax Number Meet Location Requirements Apply for Your Tennessee Dealer License (approval in about 4–6 weeks) 1. Dealer Surety Bond The first step is obtaining your $50,000 Tennessee Dealer Surety Bond. I work with a bond carrier that matches your credit score with the best available bond company—saving you time and helping you secure the lowest rate. 2. Business Insurance Before the state will issue your license, you must have Garage Liability Insurance with minimum coverage: $300,000 per accident Tennessee Motor Vehicle Commission listed as Certificate Holder I recommend contacting one of the following insurance companies that specialize in insuring Tennessee dealers: https://veritasrm.com/tennessee-auto-... https://rogersins.net/business-insura... 3. Register Business & Sales Tax License You must register with the Tennessee Secretary of State and then apply for a Sales Tax License. Click on the link below, then the "File New Business Online" link: https://sos.tn.gov Then you can easily apply for your Tennessee Sales Tax License buy creating a new tax account here: https://.tn.gov/revenue.html 4. Dealership Location Requirements Your location must meet state rules before applying: Must be in Tennessee & zoned for dealer use At least 288 sq. ft. office space Display lot for 15+ vehicles Permanent sign with dealer name (letters 8 inches+) 5. Apply for Your Dealer License Once you have your bond, insurance, and registrations in place, you can apply online. Be sure to upload: Signed Dealer Surety Bond (include Power of Attorney page) Insurance Accord 25 certificate Tennessee business registration & Sales Tax License Here is the link to the online Tennessee Dealer License Application, just click on "Create an Account" link: https://core.tn.gov For questions, contact: Tennessee Motor Vehicle Commission 📞 615-741-2711 📧 Motor.Vehicle@TN.Gov Dealer Management Software (DMS) After licensing, I highly recommend using a Dealer Management Software system. A DMS helps you: Manage inventory (few cars or hundreds) Process loans & Buy Here Pay Here accounts Build websites & run marketing campaigns Integrate with Experian, Equifax, TransUnion, Dealertrack, RouteOne Use mobile tools to check auction prices Complete deals, generate quotes, print contracts & temp tags Stay compliant with Tennessee record-keeping laws 💡 Through my partnership with Dealer Center, you can get a free trial + $250 credit (over 5 months of free use). https://get.dealercenter.com/get-a-de... Final Tips 👍 Please subscribe and hit the like button! 🌎 More state dealer licensing info: DealersLicense.com 🎙 Listen to my Dealer Training Podcast Obtaining my dealer license changed my life and income. Best of luck as you start your Tennessee dealership journey!