Hi Experts,
Curious to know if it’s required to get some license or certification in order to become a car leasing broker in Texas? Did some search online, but was not able to find the confirmative answer. Any thoughts?
Google search…
Texas law prohibits the brokering of motor vehicles among persons who are not licensed motor vehicle dealers . The definition of a broker is a person who, for a fee, commission, or other valuable consideration, arranges or offers to arrange a transaction involving the sale of a new motor vehicle.
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Umm interesting… so I need to be licensed dealer first…Sounds complicated…
https://www.txdmv.gov/dealer-license-application-process
Looks like basic licensing and bonding to me.