Tag: Dealer Surety Bonds

How to get affordable auto dealer bond?

How to get an auto dealer bond at an affordable price? Car Dealer Bond Specialist Auto dealer surety bond as any other surety bond is a financial guarantee that is issued by the surety company to guarantee that this dealer will obey all the rules and regulations that are set by the State Department of Motor Vehicle guidelines. The dealer or the applicant's credit history...

Auto Dealer Bond - Texas Auto Dealer License Guide.

Texas Motor Vehicle Dealer Bond Information The Texas Department of Motor Vehicles requires that all Texas auto dealers secure a surety bond in the amount of $25,000 for a 2 year period. This is a licensing requirement in order to engage in vehicle sales in the state of Texas. A surety bond is required for all GDN categories of a motor vehicle, motorcycle, wholesale only,...

Auto Dealer Bond - DMV Bond

Auto Dealer Bond - DMV Surety Bond   Auto dealer bond also known as DMV bond, motor vehicle dealer bond. Auto dealer surety bond is required by the State motor vehicle departments to obtain a dealership license in the state in which your dealership is located. Auto dealer surety bond does not protect the used car dealer from lawsuits, but it protects the consumer from fraud or misrepresentation by the car dealer.  Auto Dealer Bond guarantee compliance with...

Used Car Dealer Bond - Requirement for all Auto Dealers.

Used Car Dealer Bonds are typically called an MVD Surety 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...

Auto Dealer Bond

Auto dealer bond also known as MVD bond, motor vehicle dealer bond,  used car dealer bond is required by the State to obtain a dealership license. Auto dealer bond does not protect the used car dealer from lawsuits, but it protects the consumer from fraud or misrepresentation by the car dealer.  Auto Dealer Bond guarantee compliance with state laws, each state sets its own bond amount and expiration date. Motor Vehicle Department charges a...