Nebraska Dealer License

Nebraska Dealers Licenses are regulated by the Nebraska Motor Vehicle Industry Licensing Board in Lincoln, Nebraska.

Dealer Training Podcast

Nebraska Dealer License Application

Nebraska Dealers, Nebraska dealers are regulated by the Nebraska Department of Revenue
Nebraska Motor Vehicle Licensing Board
301 Centennial Mall South
P. O. Bo 94697
Lincoln, NE 68509
402-471-2148
www.mvdealerbd.nebraska.gov


Step Number 1 Dealer Surety Bond and Insurance
You must obtain a dealer surety bond and insurance in order to obtain an Nebraska dealers license. I always recommend this as the first step in obtaining a Nebraska dealers license. The cost of a dealer surety bond is based on your credit score and the cost of your insurance is based upon your driving record. I am often asked what it costs to obtain a Nebraska dealers license and I can never answer that question accurately because the total cost will depend on your credit score and your driving record.
The State of Nebraska requires you to obtain a $50,000 dealer surety bond in order to be granted a Nebraska dealers license, is the bond going to cost you $50,000, of course not, with good credit you should be spending about 200 to 300 dollars a year for your bond, your insurance company will normally send you an invoice every year or every other year. If you have a couple of blemishes on your credit score, the price of your bond can increase dramatically. The bond must be a surety bond eecuted by an insurance or bonding company authorized to do business in Indiana,
You must also obtain a special insurance policy before the State of Nebraska will allow you to have a dealers license. Your insurance policy pricing will be dependent on your driving record so if you have a really bad driving record, you might pay a lot more for your insurance. You must also obtain an insurance policy that will cover the vehicles that are in your inventory. The State of Nebraska requires every vehicle driven on any roadway in the state to have insurance, including the vehicles in your inventory when they are being test driven by your customers.

Here is a sample Accord form that your insurance agent will provide you to show the state of Nebraska that you are insured
If you are currently a dealer or know of a good insurance agent or bonding company that writes policies for Nebraska dealers, please enter their contact information in the comments below.

Step 2-Register with Nebraska Secretary of State

Nebraska Secretary of State
.
Step 3-Building & Lot
You must have a building for your Nebraska dealers license. Your business building must be a permanent enclosed building owned or leased by you, The established place of business must be devoted mainly to the operation of your dealership
you must meet local zoning requirements. You can contact the city hall or county court house’s planning a zoning division to ensure the location you want to use as your dealership meets all local zoning requirements for an Nebraska Dealers license. Applicants should contact their local city or county office to ensure compliance with local zoning ordinances.
The dealer shall conduct business in a building on the same property as the display lot. You must have room for at least 10 vehicles on your display lot,

You must have a working telephone that is listed with directory assistance, cell phones do not qualify, the state of Nebraska wants to make sure your customers can get ahold of you whether they have questions about a vehicle they want to purchase or a vehicle they have already purchased.
The sign on your building must have the dealership name in at least 8 inch or larger letters, the name on the sign must match the name on the application and the sign must be viewable from the nearest roadway. that is a Nebraska state law. You will also need to submit photographs of your building and the sign with your Nebraska dealer license.
Step 4 Service Facility or Service Facility Agreement
You must either have a service facility at your dealership or an service facility agreement with a service facility that is located in the same county that you will have your Nebraska Dealers License
Step 5-Complete Application
The final step you need to do to obtain an Nebraska dealers license is to complete an Nebraska dealer license application in it’s entirety.
If you make mistakes on the application it will be returned, so you want to spend some time and ensure there are not mistakes on the application.
If there is a change in business entity, after you become a licensed dealer, a new application must be submitted with all applicable paperwork, including a new bond and a new dealer license number will be assigned.

Once again, here is that great contact information for you
Nebraska Motor Vehicle Licensing Board
301 Centennial Mall South
P. O. Bo 94697
Lincoln, NE 68509
402-471-2148
www.mvdealerbd.nebraska.gov 
When you submit your application correctly you should receive your Nebraska Dealers license in about 30 days.

Once you obtain your Nebraska dealers license you must display the license prominently, you are going to work hard to obtain your Nebraska dealers license, you are going to be proud when you obtain your Nebraska dealers license, Nebraska law requires that you display your dealers license prominently when it is granted

To find out how to get an Nebraska Dealer License, you can call the Nebraska Motor Vehicle Industry Licensing Board at
402-471-2148 or write to the Nebraska Motor Vehicle Industry Licensing Board at:

Nebraska Motor Vehicle Industry Licensing Board
301 Centennial Mall South
PO Box 94697
Lincoln, NE 68509

Download Nebraska Dealer Application
Click here for step by step Nebraska Dealer License Instructions
Nebraska Salesperson License

Good Luck In Obtaining Your Nebraska Dealer License!