We are a surety only agency that thrives on creating an unbeatable client experience! Our industry leading bond volume allows us to create programs that can be tailored to each individual client, getting them their bond faster at the cheapest cost! Below are a few reasons our clients love to work with us:
Sometimes referred to as an Auto Dealer Bond or a Dealer Bond, the Arizona Department of Motor Vehicles (ADOT) requires all licensed dealers to carry a surety bond. The amount of this bond will depend on the type of dealer license.
Bonding Solutions has serviced auto dealer’s surety bond needs for over twenty years and offers our clients access to proprietary programs and surety direct pricing. Contact us today to get your quote started. 877.841.6745
Bonding Solutions has established programs to serve all of our clients and agents who need a dealer bond. Regardless of credit, we can offer industry low pricing on dealer bonds.
The Arizona Motor Vehicle Dealer Bond cost will vary based on the dealer’s credit and industry qualifications, but generally, the rate will range from 0.5% to 3% on both the $100,000 and $25,000 dealer bonds. Call today to get started.
ADOT requires all dealers operating within the State of Arizona to carry a surety bond while conducting business and are actively licensed. Once we issue the bond, the surety bond will remain active alongside the Arizona car dealer license until the dealer is no longer licensed or the surety requests a 60-day cancellation.
We make the application process easy! Fill out our two-minute online application or call us. Once we have the application information needed to issue your bond we will present the pricing and terms. Once accepted, you will pay for the bond and we will email and ship the bond to you same-day.Get Started
The principal is required to pay a bond premium usually between 1-3% of the total bond cost (so long as they have good credit and good standing with the surety). If the person applying for the auto dealer bond has poor credit, it is likely they will pay a higher premium as they are seen as a bigger risk to the surety.
The dealership owner is required to show proof of a Arizona motor vehicle dealer bond prior to applying for a dealership license. The dealership owner can contact our surety agency at (877) 841-6745 to learn more about the bond requirements.
No, your bonds do not renew automatically. You need to follow these steps to renew them:
To qualify for a Arizona auto dealer bond, make sure you meet the following requirements:
It is simple! Click here to start your easy 2-minute online bond application and receive a quote same-day from our team. As soon as you provide us with the correct and verified information, financials, and personal details, we will provide quotes within the hour.