How much is the annual fee for ICAR for retail dealers?

The annual fee for ICAR for retail dealers is set at $300. This fee is determined as part of the overall licensing and regulatory framework that supports the automotive retail environment, ensuring that dealers maintain the necessary standards and practices expected in the industry. The fee contributes towards the administrative costs associated with managing the licensing, maintaining records, and providing support and resources to the retail dealers.

Understanding the significance of this fee is crucial for dealers, as it reflects the commitment to upholding integrity and quality within the automotive market. An accurate grasp of the fees associated with ICAR helps with financial planning and compliance for those in the retail automotive sector.