Used Car Dealer Bonds are typically called an MVD Bond, or a Motor Vehicle Surety Bond. Auto dealer surety bond is not an insurance policy, it does not protect the auto dealer from any losses, but it does protect the consumer from any wrong doing or wrong actions by the dealer. Most states require auto dealers to carry a surety bond, which is a guarantee, in an amount and for a period that coincide with the dealer license which vary depending on the State the dealer is doing business in. Auto dealer surety bond ensures that the auto dealer operate according to the state rules and guidelines.
All State Bonds, Inc. offers used car dealer bond at a low and affordable rates and with a simplified underwriting process so you can obtain your dealer bond on the same day..
Texas Auto Dealer Bond rate start from $250/2 years*
California Auto Dealer Bond rate start from $500/1 year
We also offer Texas Auto Dealer Garage Liability Insurance that start from $1385/year. Protect your business from any law suits/claims that might arise from running your dealership.
* Prices are based on credit history and the number of years in business. The bond is issued by HCC Surety.
Used Car Dealer Bond Requirements by Different States.
Apply for a used auto dealer bond same day pre-approval with no obligation to buy. All pre-approvals are subject a credit check.
Five Reasons to Get Your Dealer Surety Bond with Us?
- We do offer affordable rates.
- Over 20 years experience and quick turnaround.
- Great Service, Friendly and in business since 1988.
- Fast Approvals & Same day Delivery.
- Free rate quotes – No obligation to buy.
We issue most used car dealer bonds on the same day we receive the application by fax or email. We have issuing auto dealer bonds for over 25 years at low and affordable rates. Apply online for a quick approval.
Call our agents @ 800-374-9227 for any questions about your auto dealer bond.