Used Car Dealer Bonds

Another name for this particular bond is an auto dealer bond. It may be obtained for different amounts and each state may require a different amount according to the way your business is run. There is often a standard bond form where the amount is required to be filled in when the bond is issued. Other names for this bond include an MVD bond and a DMV bond.

The current market

Excellent credit is required in order to get the best possible premium for this bond. While many commercial bonds are viewed as being low risk, this does not apply to used car dealer bonds. The good news is that this is a popular bond among buyers, which means you have the opportunity to look around and find the best and most competitive quotation.

Does your agency have a special program available for used car dealer bonds?

We can provide all types of bond programs depending on your individual needs. We cater for principals with a good credit history as well as those who are deemed to be in a high risk group. We can also provide used car dealer bonds for every state in the US.