Used Car Dealer Bonds

Used Car Dealer Bonds are required in order to protect the public from wrongful actions of a used car dealer. They are essentially the same thing as "auto dealer bonds" however, some states may have slightly different bond amounts depending on the type of auto sales business being operated.

In addition to "auto dealer bonds", they are also commonly referred to as "DMV Bonds" and "MVD Bonds."

Complete our online application now for a free Used Car Dealer Bond quote. We offer instant online approvals and a number of unique programs for this bond type!

Current Market for Used Car Dealer Bonds: It goes without saying that used car dealers with poor credit will likely have to pay a much higher rate for this type of bond. While car dealer bonds are often considered more risky than other commercial bond types, the large volume of auto dealer bonds required nationwide results in a fairly aggressive approach to underwriting by some of the bigger, more established bonding companies.

About Our Programs: Our agency has different programs available for all types of auto dealers (new or used vehicles) in all fifty states, regardless of the dealers credit history. We have some of the best rates available for applicants who qualify with solid credit scores, but we also have Bad Credit Surety Bond Programs for high risk applicants, unable to qualify in the standard markets. No matter what type of credit you currently have, we are confident we can help you find the right bond for your company!