Florida Auto Dealer Bond Guide and Rates
Posted: January 22, 2023
Florida Department of Highway Safety and Motor Vehicles (FLHSMV) issues a number of different types of auto dealer licenses through its Bureau of Dealer Services. A state license is required in order to sell new or used automobiles, trucks, recreational vehicles, mobile homes, and other types of vehicles as a distributor, retailer, auctioneer, wholesaler, or salvage dealer. Whether you operate a dealership as a sole proprietor,...
Auto Dealers Bonds for the State of Florida are Due by April 30th.
Posted: February 10, 2021
Florida Auto dealerships operating within the state must obtain the proper licenses and a $25,000 Dealer Surety Bond. This is to ensure the motor vehicle dealership is operating within the regulations outlined by the Florida Highway Safety and Motor Vehicles Department. These bonds may also be referred to as Motor Vehicle Dealer (MVD) Bonds, DMV Bonds, Vehicle Dealer Bonds, Car Dealership Bonds, Car Dealer Bonds...