What is a key requirement for new car dealers when submitting their applications?

A key requirement for new car dealers when submitting their applications is that they must include a copy of the franchise agreement. This document is essential because it establishes the legal relationship between the dealer and the manufacturer, confirming that the dealer has the authorization to sell the manufacturer's vehicles. Without this agreement, the dealer cannot prove they have the rights necessary to operate as a legitimate business within the automotive market.

The franchise agreement outlines the terms and conditions under which the dealer can represent the manufacturer's brand, including obligations regarding sales targets, service standards, and adherence to the manufacturer's policies. Including this documentation is crucial for regulatory compliance and ensures that all parties involved are aware of their rights and responsibilities.