What is an Auto Dealer Surety Bond and Dealer Bond Cost?
Posted: January 30, 2022
What Is An Auto Dealer Surety Bond? Auto Dealer bond does not protect the car dealer from lawsuits, but it protects the consumer from fraud or misrepresentation by the auto dealer. Auto Dealer Bonds guarantee compliance with state laws and every state sets its own bond amount, period and expiration date. Auto Dealers are required to obtain a motor vehicle surety bond which is also known as DMV...
Louisiana Dealer License Bond
Posted: November 21, 2021
How Does An Auto Dealer Apply for a Motor Vehicle Dealer License in Louisiana? The process for applying for a motor vehicle dealer license in Louisiana is pretty simple. Below are the general guidelines, but dealers should refer to the Requirements Package for details on the process. Dealers should also utilize the UMVC’s FAQ page for more information. The Louisiana Motor Vehicle Commission requires new and specialty vehicle...