What is an Auto Dealer Bond?
Posted: January 28, 2021
Motor Vehicle 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 bond, used car dealer...
How to Obtain Tennessee Used Car Dealer License?
Posted: December 15, 2019
About Tennessee Motor Vehicle Dealer License Motor Vehicle Dealer is any person engaged in the business of selling, offering to sell, soliciting or advertising the sale of motor vehicles or recreational vehicles, or possessing motor vehicles or recreational vehicles for the purpose of resale, either on that person's own account or on behalf of another, either as a primary business or incidental to the person's...