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DMV Motor Vehicle Dealer Bond - Texas
Bond911 Specializes in Texas DMV Dealer Bonds!
Pay the Lowest Rate for your Motor Vehicle Dealer Bond!
| Bond Amount | Cost* | Term | Apply Now |
|---|---|---|---|
| $50,000 | Starting as low as $263* | Two Year Term | Start Application |
*For qualified applicant based on personal credit of business owners and experience
What is a Texas DMV Dealer Bond?
The $50,000 Texas Motor Vehicle Dealer Bond is a required surety bond in the State of Texas by the Department of Motor Vehicles to receive a license to conduct business as a licensed auto dealer in the state. The bond is required to prevent the public falling victim to fraud. The Texas Motor Vehicle Dealer Surety Bond guarantees the dealer will follow all rules and regulations of the Texas Transportation Code, including the payment of all bank drafts and checks drawn by him or her for the purchase of motor vehicles, as well as transferring valid titles to each motor vehicle that he or she plans to sell.
Fast Quote and Easy Processing!
Get your free, no obligation quote within 24 hours or less. Apply online today!
Bad Credit…No Problem!
Do not let bad credit stop you from getting your $50,000 Texas Motor Vehicle Dealer Bond.
Bond911 can help you find approval regardless of low personal credit scores or other financial issues. We have exclusive underwriting programs established for all credit types and in-house authority to find you the best rate for your bonding needs. Bond911 can approve 99% of all applicants!
How to obtain your Texas Motor Vehicle Dealer License
Any person who is planning on buying, exchanging, and, or selling motor vehicles will be required to obtain a Texas Motor Vehicle Dealer license. Listed below are a few key license requirements outlined by the State of Texas:
- Obtain a General Distinguishing Number (GDN) for each class of vehicle
- Have a permanent place of business to show at least 5 vehicles for sale
- Purchase a $50,000 Texas Motor Vehicle Dealer Surety Bond
Each license type has an information packet that walks prospective dealers through the application and describes all documentation necessary to apply for that license type. For more information on obtaining your $50,000 Texas Motor Vehicle Dealer License please visit the state link below: