Regulations

Motor Vehicle Auction License

About

A Motor Vehicle Auction License includes any auction house that sells motor vehicles to dealers or the public. Automobile auctions in Tennessee are strictly wholesale, by and between licensed auto dealers and must be registered as a Motor Vehicle Auctions in Tennessee.   

The applicant for a Motor Vehicle Auction must receive a compliance inspection in order to complete the licensure process and receive approval for licensure by the Motor Vehicle Commission.

Requirements

  1. Completion of Application
  2. Submission of Fees
  3. Notarized Application
  4. Proof of Insurance
  5. Business tax License
  6. Financial statement
  7. Corporation/LLC/LLP Documents (if applicable)
  8. Applicant Photo ID
  9. Zoning compliance
  10. Surety Bond
  11. Auctioneer license

For more detailed information see Requirements.

Fees

Application Fee:  $800

Biennial Renewal:  $800

Late Renewal:  $400

Duplicate License:  $25

Additional

Auctioneers
Auctioneer Licensure information can be found below.

Tennessee Auctioneer Commission

 

Renewals
All licensees can renew online, but must submit proof of bond and insurance prior to approval.