According to the Arkansas Department of Finance and Administration, it is illegal for a person to sell a motor vehicle in Arkansas without first obtaining a dealer's license. A person must be at least 18 years of age and a resident of Arkansas in order to obtain a dealer's license. However, there is an exception for non-resident dealers who are licensed in their state of residence and have a physical presence in Arkansas.
To obtain a dealer's license in Arkansas, a person must:
- Submit an application to the Arkansas Department of Finance and Administration
- Pay a $50 application fee
- Provide proof of financial responsibility
- Provide proof of a physical presence in Arkansas
- Pass a criminal background check
- Complete a dealer education course
Once a dealer's license is obtained, the dealer can legally sell cars in Arkansas.
