Regulations for Indianapolis Car Dealers

Car dealing in Indiana, like in other states, require a license. And when buying a car, you must be wary of the legitimacy of your dealer. If you wish to know if the dealer is legitimate, check out the website of the Indiana Department of Transportation for a list of valid motor vehicle dealerships. This list contains names of valid dealerships, as well as their addresses and telephone numbers to help facilitate your search for your next vehicle.

The state of Indiana is strict when it comes to requirements for dealerships. Aside from having license plates issued by the Secretary of State, Indiana also requires that only one dealer can be licensed from one business address. The state also has minimum requirements for dealerships.

These requirements include having a federal identification number (FIN) and supporting documentation from the Department of Revenue stating than the FIN is valid, and one copy of the retail merchant’s certificate. The dealer should also have an established business address for the duration covered by the license. This business address should not put up a secondary business, unless it is very closely connected or related to the dealership business.

State laws also require that, aside from being accessible to the public, the place of business should have at least one thousand three hundred square feet of space, in order to accommodate at least 10 vehicles to be put on display. These displayed vehicles should be of the type and make that the dealer will be selling. Mitsubishi dealers Indianapolis, for instance, should have at least 10 Mitsubishi vehicles on display, and all cars should be available either in stock or for order in that dealership.

Moreover, the size of the dealer’s office in the established business address should not be smaller than 100 square feet. The office should be equipped with typical office furniture like desks, chairs, and cabinets for file storage. This should be strictly followed by all dealers and dealerships, including Mitsubishi dealers Indianapolis and other Indiana cities have.

You should always be wary when it comes to investing a considerable sum of money in a vehicle. Make sure that your dealer, like the many Mitsubishi dealers Indianapolis has to offer, is concerned not only with making money out of the sale but also with helping you find the best deal available.