Virginia Motor Vehicle Dealer License Requirements – 2026 Overview
Virginia independent and franchised dealers are regulated by the Virginia Motor Vehicle Dealer Board (MVDB) with support from the Virginia Department of Motor Vehicles (DMV). This summary focuses on independent (used) dealers.
1. Regulator and key links
- Board: Virginia Motor Vehicle Dealer Board
- How to be a dealer: How to Become a Dealer – MVDB
- DMV dealer licensing pages: Dealer Licensing – Virginia DMV
2. Business location, hours, and sign
- Permanent business location with office, records, and display area.
- Dealership must be open at least 20 hours per week; at least 10 of those hours must be between 9:00 a.m. and 5:00 p.m., Monday–Friday.
- Posted business hours must match those on file with MVDB; records must be available during those hours.
- Permanent exterior sign with dealership name, visible from the roadway.
3. Dealer‑operator course, exam, and salesperson licensing
- Every independent dealership must have a licensed dealer‑operator who completes a state‑approved pre‑licensing course and passes the exam.
- Salespersons must also be licensed with MVDB.
4. Bond, insurance, and application
- Virginia dealers must obtain an auto dealer surety bond (commonly $50,000; check current MVDB rules).
- Liability insurance for the dealership and dealer plates is required.
- Complete the MVDB dealer application with business entity documents, zoning letter, lease/deed, photos, and fees.
5. After approval
- Renew dealer license, bond, and insurance on schedule.
- Maintain hours, sign, and records as required.
- Ensure all salespersons and dealer‑operators stay properly licensed and complete any continuing education.