Category: Dealer License 2

Used Car Dealer Bond?

Auto Dealer Surety Bond Used car dealer surety bond also known as DMV bond, motor vehicle dealer bond, car dealer bond is required by the State to obtain a dealership license so you can conduct business in that State.. Auto dealer bond does not protect the used car dealer from lawsuits, Your will need Dealer Garage Insurance to protect your dealership from claims and lawsuits, but Surety Bond protects the consumer from any fraud or misrepresentation by the...

Issuance of MVD Bonds by Surety Bond Company

Motor vehicle dealer bond forms major part of different kinds of surety bonds issued all over the world. Generally, everybody knows that surety bonds comprises lot of bonds, particularly motor vehicle dealer bond fetches more demand among the applicants. Motor vehicle dealer bond is considered has a more important and essential bond among the people. The main purpose of issuing surety bond, i.e. motor vehicle...

Motor Vehicle Dealer Bond

The main purpose of issuing surety bond, i.e. motor vehicle dealer bond is that it protects the public against the default act of obligator or the dealer to the obligee. MVD bonds can be called in different names like motor vehicle dealer bond, motor vehicle bond, DMV bond, used car dealer bond and in many other names. Motor vehicle dealer surety bonds fetches good demand...

Auto Dealer Bonds - Dealer License

Dealer Bonds are required by the Motor Vehicle Departments in the State where you live  in order to get a Dealer License. Auto Dealer Bond will guarantee that dealer will obay the rules and regulations of the State whare your buisness opeartes. The Auto Dealer Bonds usually costs around 0.50% to 1.50% of the value the Bonds amount. To qualify for a dealer bond you have...