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 California Department of Motor Vehicles requires all licensed dealers to carry a surety bond. The amount of this bond will depend on the type of dealer license.
The cost of a California Motor Vehicle Dealer Bond will vary based on the dealer’s credit and industry qualifications. Still, generally, the rate will range from 0.5% to 3% on both the $10,000 and $50,000 dealer bonds.
Bonding Solutions has bond programs in place to offer industry-low rates regardless of credit. Call today to get started.
The California Department of Motor Vehicles requires all dealers operating within the State of California to carry a surety bond while licensed. Once issued, the surety bond will remain active alongside the license until the dealer is no longer licensed or the surety requests a 30-day cancellation.