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How much does an Arizona wholesale motor vehicle dealer bond cost?
Arizona wholesale motor vehicle dealer bond costs start at $188 for the state-required 1-year term. Your exact wholesale dealer bond premium will be provided after a quick application underwriting review. Apply now to get your free quote!
How do I get a wholesale dealer bond in Arizona?
You can apply for your Arizona wholesale dealer bond online 24/7 through our safe and secure application portal. You must provide the following information for Department of Transportation approval.
- business company name
- business location
- dealer license number, if available
Once your order has been processed, your official wholesale car dealer bond documentation will be delivered by email.
How fast can I get a wholesale vehicle dealer bond?
Our industry-leading technology and responsive customer service team allow us to offer free quotes and deliver official Arizona motor vehicle dealer bonds faster than any other surety provider. Orders placed by 4 PM CST Monday-Friday are typically processed with same-day emailed bond delivery.
If you have any questions about Arizona auto dealer bond requirements or your application, call 1(800)308-4358 to speak with one of our friendly surety experts.
What is an Arizona wholesale motor vehicle dealer bond?
Arizona Statutes Title 28 Chapter 10 Article 28-4362 requires wholesale motor vehicle dealers and wholesale auction dealers file a $25,000 surety bond for license registration. The Arizona vehicle dealer bond form is the same for wholesale dealers, wholesale auction dealers, new/used auto dealers, and automotive recyclers, with the difference being the bond amount required for licensing. If you need to apply for multiple license types, you must submit a separate bond form for each individual license type.
Why do you need the Arizona wholesale motor vehicle dealer bond?
By filing this bond, individuals agree to follow Arizona statutes for wholesale dealer or wholesale auction operations. Under this bond, harmed parties can be compensated for damages resulting from a wholesale motor vehicle dealer who fails to fulfill their legal professional obligations. The surety company will pay valid claims up the the full $25,000 bond amount, which the bonded wholesale dealer must then reimburse.
Why does the Arizona Department of Motor Vehicles require a motor vehicle wholesaler surety bond?
The Arizona Department of Transportation Motor Vehicle Division enforces license and bond requirements for dealers working in the state to prevent fraud and other illegal dealership business practices. If you need help determining which dealer license you need, email the Dealer Licensing Unit at [email protected].
What are the different dealer license types in Arizona?
Wholesale motor vehicle dealers only sell used vehicles to licensed dealerships and must file a $25,000 bond. Note that state statutes don't require wholesale dealers to operate from an established business location.
Wholesale auction dealers do not buy, sell, or own the vehicles they auction and must file a $25,000 bond.
Motor vehicle dealers sell either new and/or used motor vehicles directly to consumers and must file a $100,000 bond.
If you plan to sell new or used vehicles directly to consumers, you need a $100,000 Arizona motor vehicle dealer bond. If you need to register a vehicle with a missing title, you need an Arizona certificate of title bond.
How do Arizona auto dealers file your bond?
The Department of Transportation no longer accepts paper applications. Wholesale dealer applicants will file their paperwork online through the state's ADOT Force portal.
How do I update my wholesale dealer bond form?
If the Arizona Department of Transportation requires your bond to be updated for any reason, contact your surety provider. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change.
The most common changes for these bonds include updating the dealership’s name or address.
How does an Arizona motor vehicle dealer renew your bond?
You should renew your wholesale motor vehicle dealer surety bond before its current term expires. Once you pay your SuretyBonds.com renewal invoice, renewal instructions will be emailed to you.
What are the requirements to be a wholesale vehicle dealer in Arizona?
Follow the steps below to get your Arizona wholesale dealer license.
1. Create an account with the ADOT Force.
2. Submit the required documents with your online application.
- Authorized Presence Documentation
- AZ MVD Now Dealership Administrator Application
- Authorization To Release Information - Statement of Personal History
- Transaction Privilege Tax License (copy)
- $25,000 Vehicle Dealer Surety Bond
3. Complete a fingerprint and criminal background check through the Arizona Applicant Processing Services.
4. Pay the required $15 filing fee.
Call 1 (800) 308-4358 to talk with a Surety Expert today.