The number of total combined dealer and motorcycle dealer license plates that USED motor vehicle dealers can purchase has decreased from 10 to 5.The number of total combined dealer and motorcycle dealer license plates that NEW motor vehicle dealers can purchase has increased from 25 to 35.The required surety bond amount has been increased from $25,000 to $50,000.There will be a 30-day grace period for licenses not renewed by Oct.The Alabama Master Dealer license will be valid for a 1-year term, renewing October 1st of each year.We took the time to read the entirety of HB393, so we could highlight the most important changes. What Else Changes With The Master Dealer License?
