Auto Dealer Bond

Also referred to as a Motor Vehicle Dealer (MVD) Bond, an Auto Dealer Bond is a compliance bond required by the various states for new, used, retail, and wholesale automotive dealers. These bonds guarantee that the dealer will comply with the conditions of their license. They protect consumers from unscrupulous dealers that misrepresent their merchandise, use unethical business practices to sell vehicles, fail to forward sales tax payments on to the state, etc.

Auto Dealer Bond amounts can range from $30,000 (KS) to $50,000 (NE). The required bond amount will be stated in your license application. These surety bonds have state-specific requirements that vary and can be confusing – especially for dealers with locations in multiple states. Surety Support Services, Inc. handles auto dealer bonds for clients in nearly every state, and we can answer all of your questions — call us today at 866-385-7760 to get started.
 

Application Information

Complete the Commercial Application to get started. Please note: in addition to our commercial bond application, we may need to request the business and personal financial statements of the owner(s) and copy of any statute or ordinance that’s requiring the bond and/or a bond form.