Florida Motor Vehicle Dealer Bond - Call Bonding Solutions Today

Florida Motor Vehicle Dealer Bond

Florida’s Division of Motor Vehicle Dealers (DMV) requires any auto dealer conducting business in the state to obtain a surety bond as a part of the state’s industry licensing requirements.

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Why work with Bonding Solutions? Simple! We are different!

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:

  • #1 Rated Bond Agency Nationwide
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What is a Florida Motor Vehicle Dealer Bond?

States throughout the country require auto vehicle dealers to post a surety bond, Florida is among those states. Acquiring this motor vehicle dealer bond is part of your business licensing requirements. An agreement is made when posting a surety bond, between the vehicle dealer, the surety, and the State of Florida stating that the motor vehicle dealer will abide by all state statutes and regulations. 

Bonding Solutions has proprietary programs that allow our clients and agents to receive industry-low rates. Get a quote for your bond today. 877.841.6745

Bonding Solutions | Florida Motor Vehicle Dealer Bond
Bonding Solutions | Florida Motor Vehicle Dealer Bond
Bonding Solutions | Florida Motor Vehicle Dealer Bond

How much will my Florida Auto Dealer Bond Cost?

Posting a surety bond with Bonding Solutions is simple, we have served clients and agents for over 20 years. Any motor vehicle dealer in Florida must obtain a surety bond before conducting business. There are two types of auto dealer bonds in the state pricing for both is shown below:

  • $25,000: Independent Motor Vehicle Dealer Bond
  • $25,000: Franchise Motor Vehicle Dealer Bond

The pricing of your bond depends on industry regulations and the applicant’s personal credit. You are not required t6o pay the full $25,000 but only a percentage based on your personal credit. Typically rates range from 0.5% to 8% of the full bond amount. Talk with a surety expert today.

Why is this Florida Motor Vehicle Dealer Bond Required?

Posting a surety bond is mandatory in the state of Florida to protect the public, not the dealer’s business. This specific auto dealer bond is required to assure consumers that any operating auto dealer in Florida will conduct business according to Florida’s Statutes and applicable laws. If the buyer is wronged by the vehicle dealer by fraud or illegal business activities, a claim can be made against the bond.

How do I get a Motor Vehicle Dealer Bond in Florida?

Posting a surety bond is made simple with Bonding Solutions. Begin with taking our two-minute online application or give us a call. After we receive your correct information we will send over a quote for your requested bond. Once you pay for your bond we will email and send your bond the same day. 

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Additional Resources

Florida Motor Vehicle Dealer Bond Form

Florida Chapter 319 Title Certificates: Statutes and Laws

Florida Motor Vehicle Dealer Licensing Information

Florida Department of Highway Safety and Motor Vehicles

Surety Bond List

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Call us today to speak to a Surety Bond Specialist

(877) 841-6745