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:
Auto dealer bonds in Nevada are mandatory to obtain to operate a business legally in the state. This motor vehicle dealer bond, similar to other surety bonds, acts as an agreement between three separate parties the vehicle dealer (principal), the Nevada State Department of Motor Vehicles (obligee), and the surety company. If the buyer is harmed due to fraud or illegal business, a claim can be made against the bond.
The pricing of surety bonds depends on industry regulations and the applicant’s personal credit. Typically the cost rates range from 0.5% to 8% of the full bond amount. Nevada vehicle dealer bonds pricing is shown below:
Bonding Solutions has guided clients and agents to receive industry-low pricing on their auto dealer bonds for over 20 years. Receive a free quote today.
The state of Nevada requires auto dealers to acquire a surety bond to ensure the public that all state rules and statutes will be followed. If the consumer is wronged by the motor vehicle dealer by any fraud or illegal business actions, then a claim can be made against the bond.
Posting a motor vehicle dealer bond is easy at Bonding Solutions. We guide you through the entire process, making it as simple as possible still. Start by taking our two-minute online application or call. After we receive the information that is needed, we will present our low pricing along with the terms. Finally, you pay for your bond, then we will email and ship you the bond the same day.Get Started