Application for a Motor Vehicle Dealer Trade License - Prince Edward Island, Canada

The Application for a Motor Vehicle DealerTrade License in Prince Edward Island, Canada is used to apply for a license to operate as a motor vehicle dealer in the province. It is a legal requirement for individuals or businesses wishing to engage in the buying, selling, or trading of motor vehicles in Prince Edward Island.

The application for a motor vehicle dealer trade license in Prince Edward Island, Canada is filed by the individual or business seeking the license.

FAQ

Q: Who needs a Motor Vehicle Dealer Trade License in Prince Edward Island?
A: Anyone who wants to buy, sell, or lease motor vehicles in Prince Edward Island needs a Motor Vehicle Dealer Trade License.

Q: How can I apply for a Motor Vehicle Dealer Trade License in Prince Edward Island?
A: You can apply for a Motor Vehicle Dealer Trade License in Prince Edward Island by completing the application form and providing all the required documents and fees.

Q: What documents do I need to submit with my application?
A: You will need to submit proof of liability insurance, a criminal record check, a business registration, and a lease agreement or proof of ownership for your dealership location.

Q: How much does it cost to apply for a Motor Vehicle Dealer Trade License?
A: The application fee for a Motor Vehicle Dealer Trade License in Prince Edward Island is $100, and there is also an annual fee of $300.

Q: Is there a deadline for submitting my application?
A: There is no specific deadline for submitting your application, but it is recommended to apply at least 30 days before you plan to start operating your dealership.

Q: How long does it take to process the application?
A: It usually takes about 4-6 weeks to process a Motor Vehicle Dealer Trade License application in Prince Edward Island.

Q: Can I operate my dealership without a Motor Vehicle Dealer Trade License?
A: No, it is illegal to buy, sell, or lease motor vehicles without a valid Motor Vehicle Dealer Trade License in Prince Edward Island.

Q: Do I need any additional licenses or permits?
A: In addition to the Motor Vehicle Dealer Trade License, you may need other licenses or permits, such as a Salesperson's License or a Repairer's License, depending on your specific dealership activities.