Auto Dealer Bond – Used Car Dealer Bond

Auto dealer bond also known as MVD bond. Car dealer bond is required by the State motor vehicle department to obtain a Car dealership license. Used 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. Dealer bond guarantee compliance with state laws, each state sets its own bond amount and expiration date.

 

A two-year Texas motor vehicle dealer bonds are set by the state of Texas at $25,000. ABC Bonding of Texas is located in Houston Texas, but we do service all the State of Texas, including major Texas cities like Austin, Amarillo, Dallas, Fort worth, San Antonio, San Marcus, El Paso, Lubbock, Laredo, Odessa, Tyler, Waco, Beaumont, Galveston, Brownsville and many others.

Rates for Texas Auto Dealer Bonds Start from $325/ 2 years.

 


Apply for Auto Dealer Bond – Issued the Same Day:

   For Faster Approvals.

 

   Application & Fax To 713-785-2711

Call our agents for any questions @ 800-374-9227 , Local 713-785-2138


Free Low Cost Texas Garage Liability Insurance Quote.

(Garage Liability & Dealer Open Lot Insurance)

Protect your auto dealership from unnecessary lawsuits. Garage liability insurance protects you, your employees and customers that test drive your vehicles from any liability claims.

Garage Liability Insurance Application – Print & fax to 713-785-2711

Auto Insurance Quote Instant Auto Insurance Quote for your clients.

 


 

We offer High Risk Dealer Bonds for Clients with Poor Credit.

  • Financing Available for Most High Risk Bonds.
  • In Business since 1988
  • Programs for harder to issue dealer bonds
  • Fast & Friendly service
  • Need a quote, apply online and call our office

Why Bond with Us?

  • Affordable Rates, No hidden fees
  • Experience, in Business since 1988
  • Great Service
  • Fast Approvals & Same day Delivery
  • Free price quotes – No obligation to buy
  • Friendly Staff

 


Requirements To Get Texas Dealer License

  • To regulate the Auto Dealer trade, the state subjects Texas Automobile Dealer to many legal restrictions and requirements. For a new Dealer license in Texas, the first step is to obtain a General Distinguishing Number (GDN). This requires, among other things, a permanent place of business, a business Signage, enough space to display five vehicles the dealer intent to sell, etc.
  • You’ll need a GDN whether you sell new cars or used. If you also sell motorcycles. RV’s or other trailers, you’ll need separate GDN for each class of vehicle.
  • Each original GDN costs $700, and $400 to renew every 2 years.

Texas Dealer License – Forms and Applications:


Texas Motor Vehicle Department Contact Information:

Texas Department of Transportation
Licensing Section
P.O. Box 2293
Austin, TX 78768-2293
Phone: (877) 366-8887 or (512) 416-4800
Fax: (512) 416-4893

For Help Call our office and one of our Representatives will be happy to help you.

 
 

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Surety Bond Types:
Auto Dealer Bond
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TABC Bond
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