Arkansas New Motor Vehicle Dealer Bond

Price Varies / 1 year term

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How much does a new auto dealer bond cost in Arkansas?

New motor vehicle dealers must post a $50,000 surety bond to become licensed. The premium you’ll pay for your bond is subject to underwriting, which means that the cost of your bond is based on your credit report. Qualified applicants can pay as little as $250. No matter your score, our account managers will work on getting your bond for as little as possible.

To get your free, personalized bond quote fast, give us a call at 1 (800) 308-4358, or contact us online now.

Bond Type

Bond Amount

Cost

$50,000New Motor Vehicle Dealer Bond

$50,000

Starts at $250

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Ready for your no-obligation quote? Complete a bond request form and one of our bond specialists will contact you to provide you with a free, personalized bond quote.

Why do I need this bond?

New vehicle dealer bonds protect indivdiuals who experience financial loss due to a dealer’s poor business practices. These bonds also ensure that the principal faithfully complies with all requirements stated in the A.C.A. Section 23-112-101. Violations under this Act include, but are not limited to:

practicing fraud or misstating information on a license application
failing to comply with any rules promulgated by the Commission
failing to maintain license qualifications
assisting an unlicensed person in a motor vehicle sale
altering a certificate of title

For more information on new vehicle dealer bonds in Arkansas, contact an expert surety specialist online now. Our team will walk you through our simple bond process step-by-step.

Please note this page is for vehicle dealer licensing. If you have lost or need to obtain a vehicle title, an Arkansas certificate of title bond is required.

What’s the fine print?

These bonds will remain in full effect unless otherwise canceled. If the bond is to be canceled, the surety must file a written cancellation notice with the Arkansas Motor Vehicle Commission 30 days prior to the termination date.