An auto dealer bond is also known as MVD bond or a 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. Auto Dealer bond guarantees compliance with state laws, each state sets its own Dealerbond amount, term and the expiration date.
Auto dealer bond in Texas is set for a two-year term, Texas motor vehicle dealer bondsarealso set by the state of Texas at $25,000. ABC Bonding of Texas is located in Houston Texas, but we do service all of 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.
We Issued 1000’s for Auto Dealer Surety Bonds is Texas and 25 other States for the past 20 years. We offer one of the lowest rates for all Texas AutoDealer bonds starting from $200/ 2 years.
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