West Virginia Auction License

If you are planning to exchange, buy or sell vehicles in West Virginia, then let us go ahead and see what you need to do to get the permit and give a legal start to your career. We are here to help you make the process as easy as possible.

You may wonder what your first steps must be when you make up your mind to get the West Virginia Auction license. Well, the process is quite straightforward. First, you must determine whether you meet the basic requirements and qualifications. For this, residents should request written information about the license. The body responsible for the sector is the West Virginia Division of Motor Vehicles.

Generally, the main points that are essential to pay attention to are as follows:

• Determine what type of license you need to acquire.
• Find out whether you are eligible and qualified (e.g., are not formally convicted).
• Have an established location that meets the general requirements.

Afterward, if you realize that you meet the points mentioned above, you are to schedule an appointment with an expert from the Dealership Board. During the appointment, you will get more insight into the whole process. Of course, you will also get the whole package of documents you need to either fill in or examine.

Application process

Now when you have already undergone the initial inspection by the agent, the next thing you need to do is to complete the application. Commonly, the package includes the following materials:

• Application form
• A Certificate of Insurance
• Surety Bond of $25,000
• Tax receipts for the personal property
• Building and location pictures (to prove it meets the set conditions)
• A Business license
• A franchise agreement (for new vehicles)
• The compulsory payments

This is the first stage. After the materials are processed by the Dealership Department, you get permission to proceed to the next stage. Furthermore, you must undergo a background check (fingerprinting).

Note that the Department makes sure that your business has proper registration and runs without any issues.

You get your permit immediately after the Division of Motor Vehicles approves the submitted material.

Renewal

So, many applicants wonder whether they have to renew their permits and how often they need to do that. It should be done every year. The set date for the renewal is June 30. Moreover, to be able to operate further, you also have to refresh your bond annually.

This process, as well as other important points are discussed in the Minnesota auction license as well.

Salary

Surely, when you start a new business or start pursuing a new career, one of the main aspects is the income opportunities your new career will bring you. Thus, we have tried to find out the average salary for the West Virginia auto auctioneers.

Generally, the salary ranges from $44, 700 to $56,377. The average is about $50,334. You may wonder what can determine a higher or a lower salary. Such factors are basic education, skills, and experience.