You must meet the following qualifications and requirements before obtaining a new and used car dealership or a long term leasing license:
The Chief Administrator of the MVC may suspend or revoke your dealer or leasing license or registration privilege for non-compliance at any time under the statutes and regulations that govern their issuance. These include but are not limited to:
An applicant for an initial license will be examined in regards to his knowledge of the statutes and regulations that govern the buying, selling or dealing in motor vehicles in New Jersey. The purpose of the exam is to familiarize the applicant with potential violations and will be given during the site investigation.