Wholesale auction dealer license

You will need these dealer license application forms:

• Auction Application MV2492
• Entity/Owner Statement MV2844
• Business Facilities Statement MV3189
• Wisconsin Motor Vehicle Irrevocable Letter of Credit MV1046
• Dealer Bond MV2511
• Articles of Incorporation Document

 

An auction company may need one of several motor vehicle business licenses based on who owns the vehicles it sells and who buys them.

The motor vehicle wholesale auction dealer license allows a business to conduct wholesale auctions in which vehicles owned by licensed dealers are sold to other licensed dealers.

If your business will be a motor vehicle salvage pool, which auctions off salvage vehicles to licensed dealers, you will need a Wholesale dealer license instead of the wholesale auction dealer license.

If your business will hold auctions in which you sell vehicles owned by someone other than licensed dealers, or in which you auction off vehicles to the general public, you may need a retail motor vehicle dealer license. For more information on retail auction activities and license requirements, see Auction license requirements.

To qualify you must provide:

  • An established place of business that complies with all local zoning and permit regulations.
  • A $25,000 surety bond. For a list of insurance companies accepting applications for bonds, see Insurance companies that accept applications for bonds.
  • A lease for the business real estate unless the license applicant owns it.
  • Fees of $100 paid to Registration Fee Trust for a two-year wholesale auction dealer license.

You can apply by mail

You must complete several forms and provide additional documentation in order to apply for a wholesale auction dealer license. Many of the forms require your signature, or the signature of authorities and witnesses. Therefore, it is not possible currently to submit your wholesale auction dealer license application online. Instead, you must apply for your license by mail at the address below.

For more information:


For more information or to request application materials for the motor vehicle wholesale auction license: