"Your classes - and the CAPSS membership in particular - is the best money I've spent!  It's a bargain considering it gives me access to someone with years of experience!"  Jim Marchbank - Three Brothers Motors

"I would like to take a minute to compliment you both on your program and efficiency.  With both of your combined experience and vantage point, it brings great value to the service you are offering.  The class materials and facilitation was on point and exactly what is needed to accomplish the task at hand." Jeff Matthews - Echo Park Automotive

State Required Pre-Licensing Certification

SB 08-151 requires 8 hours of instruction, through an approved education provider, for the following applicants:

• Used motor vehicle dealer
• Used powersports dealer
• Wholesale motor vehicle auction dealer
• Wholesaler
• Sales people are not required to attend - but are welcome!

The required education must be completed by:

• The managing officer if the applicant is a corporation or limited liability company
• All of the general partners if the applicant is any form of partnership
• The owner if the applicant is a sole proprietorship

Note:  Applicants who are selling NEW powersports vehicles and/or NEW motor vehicles, and who are franchised by a licensed manufacturer, are exempt from the Pre-Licensing Certification.  New powersports and/or new motor vehicle dealers who are also applying for a USED motor vehicle dealer's license or USED powersports dealer's license at the same time, ARE required to attend the Pre-Licensing Seminar.

If you have held a Dealer or Wholesaler license within the past three years, you are exempt from this Pre-Licensing Seminar requirement.  If you have not had a Dealer, Wholesaler, or Salesperson license within the past year, you will still need to take and pass the Mastery Exam.

Curriculum

CAPSS educational materials and instructors have met and exceeded the standards required by the State of Colorado.   Mary Marvin and Connie Hatch are former investigations for the Colorado Department of Revenue - Auto Industry Division (the governmental agency that governs and regulates Dealers, Wholesalers and Sales personnel).  Although Mary has retired from an active role in teaching classes, her fingerprint of excellence is built into our classes.  Connie shares her expertise, as well as experiences, to help you understand and remember the material.  

Our Pre-Licensing Seminar covers compliance with the laws governing motor vehicle and powersport sales including Salesperson Licensing, Advertising, Repossessions, Contracts, Financing Disclosure Requirements, Truth-in-Mileage, Title Delivery, Damage Disclosure, Salvage Vehicles, Emissions, Credit Applications, the Basic Car Deal paperwork and more.

Can't remember everything?  We provide you with a reference book containing all the information covered during the class.  Upon completion of the class, students are awarded a certificate to submit to the state with their dealer application.

Mastery Exam

This seminar also prepares you to take the State's Mastery Examination.  This exam is an on-line examination that is required for all new applicants.  Upon successful completion of the exam, you will receive an Affidavit that must be submitted with your application.  We can administer the State's Mastery Examination immediately after the Pre-Licensing class, or if preferred at a more convenient time.  Please let us know when registering for the class if you want to take the exam the same day (no charge if taking the exam immediately after the Pre-Licensing class).

Surety Bond

Along with your Pre-Licensing certificate, dealer and wholesaler applicants will need to obtain a $50,000 surety bond before submitting their application.  Fore more information on bonds, click here.

General Application Information

Once you have completed the Pre-Licensing Seminar and passed the Mastery Exam, you may submit your application packet to the Department of Revenue/Auto Industry Division.  Colorado requires applicants to have a net worth of $100,000, and a Vantage Score of 701 or better for each applicant.  The state also requires your full legal name (as on your driver's license) to be used on your application.  Provide supporting documents for all financials, and keep a copy of the completed application.  We will give you helpful tips on completing your application packet during the class, as well as provide you with a sample business plan that you can customize to fit your enterprise.  For more information and to printout the state's application, click: Dealer/Powersports/Wholesale Application & Information.

We are happy to answer your questions or do a quick review of your application packet.  Give us a call or bring it to the Pre-Licensing class.

Additional Support

Need more support?  Check out the membership benefits through our partner, CIADA.  We are available to answer questions, consult with you on problems, advise you of form changes, and more.  CAPSS does not require membership to attend any of our classes, but your membership allows us to do the research to keep you updated on laws and regulations, and to offer on-going support.  Click here for CIADA membership application!