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What is a Georgia Used Motor Vehicle Dealer Bond ($35,000)?
In order to provide reliable assurance that the “buyer” will be compensated in case of illegal behavior, dealerships may post a used car dealer bond. This surety bond ensures customers' financial security and signals their trustworthiness by abiding state laws without fail.
Do you need a bond for your used car dealership?
Swiftbonds is the leading provider of bonds to Georgia dealerships. We offer a variety of bonds that are tailored to meet the needs and budgets of all our customers. Whether you're looking for $35,000 or $150,000 in coverage, we have an option for you!
Our team will work with you every step of the way to make sure that everything goes smoothly and quickly. You'll be able to get back to running your business without worrying about getting bonded!
Click here now if you want more information on how we can help your dealership today!
Why is the Used Motor Vehicle Dealer Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Get a Georgia Residential Light Commercial Contractor Bond.
How does a Used Motor Vehicle Dealer Bond work?
Getting a Used Motor Vehicle Dealer Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. See a Georgia Liquor Manufacturer Distillery Tax Bond.
How much does a Used Motor Vehicle Dealer Bond cost?
Used Motor Vehicle Dealer Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a Used Motor Vehicle Dealer Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Here's a Georgia Process Server Bond ($25,000).
How to get your Used Motor Vehicle Dealer Bond?
Would you like to know the first step in getting your Used Motor Vehicle Dealer Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Read a Canton, GA – Landscape Establishment Bond.