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Texas Motor Vehicle Dealer Surety Bond

Required by the Texas Department of Motor Vehicles to assure that licensed auto dealers operate within and according to state regulations and laws.

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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
  • Find the Lowest Bond Costs in Minutes
  • Quickest Approvals
  • Pay Instantly Online – 100% Secure
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What is a Texas Motor Vehicle Dealer Bond?

For an auto dealer to do business and operate within the state of Texas, the Texas MVD requires all dealers to carry a $50,000 surety bond. This bond assures the state and the public that the licensed dealer will operate according to the state of Texas Transportation Code. This includes properly transferring title and payment of all checks and bank drafts for the purchase of a vehicle.

Call us today to get a rate quote or begin your application here.

 

 




How much will a Texas Motor Vehicle Dealer Bond cost?

Texas Motor Vehicle Dealer Bonds vary in cost based on the applicant’s qualifications including experience and personal credit. Expect to pay 0.5% – 3% of the bond amount. Bonding Solutions has developed programs that offer our clients industry-low rates, regardless of credit. Purchase your Texas dealer bond today by contacting us or calling one of our agents.

Why is a Texas Motor Vehicle Dealer Bond required?

Simple. This bond guarantees the state and the public that licensed dealers will operate according to state licensing codes and statutes.

A Texas Motor Vehicle Dealer bond renews every two years. It remains effective unless cancellation is requested by the surety company or if the dealer violates the terms of the bond or Texas Transportation Code.

How do I get started?

First, you will need to contact the Texas DMV to begin your application. State Application here

Second, apply or call Bonding Solutions to obtain a quote for your motor vehicle dealer bond.

Third, accept the quote terms and pay for your bond.

Lastly, sign your bond and deliver it to the Texas DMV.

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Additional Resources:

Texas DMV Website

Texas DMV Forms / Application for Dealers

Texas Transportation Code

Surety Bond List

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Questions?

Call us today to speak to a Surety Bond Specialist

(877) 841-6745