Auto dealer bond as low as $250/2years, apply online 24/7 and get instant approval. Dealership bond is also known as MVD bond or a motor vehicle dealer bond and 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 guarantee compliance with state laws, each state sets its own Dealer bond amount, term and the expiration date.
Auto dealer bond in Texas is set for a two-year term, Texas motor vehicle dealer bonds are also set by the state of Texas at $50,000 as of Sept. 1st 2021. 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.