How much will my Pennsylvania auto dealer bond cost?
Pennsylvania motor vehicle dealer bonds are set in the amount of $20,000. The price you’ll pay will vary based on your personal credit report. Applicants with an excellent credit report can qualify to pay as little as $200 for this bond.
Bad credit? No problem! The experts at SuretyBonds.com have a history of helping applicants with less-than-perfect credit histories get bonded quickly, easily and accurately.
Since the price of this bond varies so much, we suggest contacting one of our surety experts to get a free, personalized bond quote today.
|Bond Type||Bond Amount||Cost by Credit Score*|
|680 and up||679 - 600||599 or lower|
|Motor Vehicle Dealer Bond||$20,000||Starts at $200||$200-2,000||$2,000+||Apply Now|
If you’re ready to get bonded, call SuretyBonds.com at 1 (800) 308-4358 or fill out our online bond request form. One of our experts will personally contact you to guide you through our simple bonding process. It’s that easy!
Why do I need this bond?
A motor vehicle dealer surety bond is required of any dealership looking to buy or sell vehicles in Pennsylvania. This bond stands as a guarantee that dealerships will abide by all laws governing the auto dealing industry in Pennsylvania and act ethically while on the job. This specific bond also allows claims to be filed by consumers in the event of financial loss as a result of a dealer’s poor business practices.
Our team of surety experts is just a call away and ready to help you get the bond you need. Call 1 (800) 308-4358 or submit a bond request to get started!
What’s the fine print?
Pennsylvania auto dealer surety bonds are required by Pennsylvania Department of Transportation. Car dealer bonds are considered continuously effective until canceled. Sureties must give the obligee (state) at least 60 days’ notice prior to any cancellation.
How to become an auto dealer in Pennsylvania
Each application for an auto vehicle dealer license should be completed on the form prescribed by the state. Be sure to include the following information on your application:
- the name and address of the applicant and the business
- phone numbers and other business contact information
- the specific kind of license needed (motor vehicle dealer)
- all corporate co-owners, presidents and partners
- criminal history record from the Pennsylvania State Police for each officer
- check payable to the Commonwealth in the amount of $60 for payment of the Motor Vehicle Transaction Recovery Fund
- proof of insurance
- and more
Our surety specialists are dedicated to getting all of our clients bonded quickly, easily and accurately. Apply for a free bond quote today!
Ready to get started?