Buying & Selling

Used motorcycle rally permits

Permit for used motorcycle rally: Upon application for and receipt of a temporary permit issued by the department, a motor vehicle dealer authorized to sell used motorcycles may display, offer for sale, and negotiate sales of used motorcycles at a motorcycle rally located in this state that meets all of the following conditions.

1. The sponsor of the rally conducts not more than one rally annually in this state.
2. The rally is conducted for a single period of not less than three and not more than seven consecutive days, not to include Sunday.
3. Attendance at the rally is restricted to persons who have paid a nonrefundable admission fee to the sponsor of the rally.

A person licensed as a motor vehicle dealer in another state may apply for and be issued a temporary permit if the person meets all of the following conditions.

1. The person presents the department with a current motor vehicle dealer license valid for the sale of used motorcycles at retail in the person's state of residence.
2. The state in which the person is licensed as a motor vehicle dealer allows a motor vehicle dealer licensed in Iowa to be issued a permit substantially similar to the temporary permit authorized under this section.
3. The person furnishes to the department a $75,000 motor vehicle dealer surety bond.
4. The person presents any additional information the department may require.

A sale of a motorcycle at a motorcycle rally shall not be completed and an agreement for the sale of a motorcycle shall not be signed at a motorcycle rally. All such sales shall be consummated at the motor vehicle dealer's principal place of business.

The department may issue a temporary permit for a period not to exceed seven consecutive days excluding Sundays. A motor vehicle dealer may not receive more than one temporary permit in a calendar year.

A $10 permit fee must be received.