You can take the course entirely online or in a class room. In fact, Class A and B dealers are required by law to purchase at least two dealer plates, and they may purchase more depending how many vehicles they have in inventory. Books and records safely stored. Click here to search the Michigan Secretary of State website for more information. The Department encourages dealers to sign up for the Electronic Funds Transfer (EFT) program. Surety Bonds Direct on LinkedIn: Freight Broker License Cost: Which $125 Renewal Application $125 Renewal of Branch Location To report potential violations, please contact the Regulatory Monitoring Division at SOS-RMD-800@michigan.gov. Please click here and review the information then call our office at (800) 292-1923 for personal assistance with all your licensing needs. The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Detailed information can be found at the DMV's Dealer License Application Process webpage. Prospective customers: A statement that the vehicle is being operated for demonstration purposes including the date and time that the prospective customer took possession of the vehicle. You can perform wholesale transactions on the license you already have as a Class A dealer. For a comprehensive list of compliance requirements, dealers should consult the dealer manual. Registrations for Securities Broker-Dealers and Agents can be checked via Broker Check ( http://brokercheck.finra.org/) and Investment Advisers and Investment Adviser Representatives can be checked via IAPD ( http://www.adviserinfo.sec.gov/IAPD/Default.aspx ). Dealer plates may be used on dealer-owned vehicles driven by employees, servants, or agents of the dealership for any purpose, provided that the vehicle is not a service vehicle. The Michigan Vehicle Code does not define service vehicle but a common understanding would include courtesy cars, loaners, daily rental, lease, vehicles used for obtaining or delivering parts, and vehicles used to provide roadside service or tow disabled vehicles. The International Registration Plan (IRP) - a program for registering and licensing of commercial vehicles in interstate operations among member jurisdictions (states or provinces). Title and registration requirements; special titles; name changes; address changes; license plate fees; insurance requirements; new Michigan residents; lost titles; lost license plates; and deceased vehicle owners. 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