Pre-licensing requirements
- Complete the required pre-license education: The FLHSMV requires that all vehicle auction dealer licensees in Florida take 16 hours of pre-license education. ...
- Get fingerprinted. ...
- Get a surety bond and liability insurance. ...
- Register your business so you can legally operate in Florida.
How much is a auction license in Texas?
On the most basic level, you'll need a physical location for your dealership that meets the state's premises requirements, and a dealer surety bond in the amount of $50,000. Dealer licenses are $700 + dealer plates and are issued for two-year terms.