|Bond Amount||Cost||Term||Apply Now|
|$50,000||$329.00*||Two Year Term||Start Application|
The $50,000 Texas Motor Vehicle Dealer Bond is a required surety bond in the State of Texas by the Department of Motor Vehicles to receive a license to conduct business as a licensed auto dealer in the state. The bond is required to prevent the public falling victim to fraud. The Texas Motor Vehicle Dealer Surety Bond guarantees the dealer will follow all rules and regulations of the Texas Transportation Code, including the payment of all bank drafts and checks drawn by him or her for the purchase of motor vehicles, as well as transferring valid titles to each motor vehicle that he or she plans to sell.
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Any person who is planning on buying, exchanging, and, or selling motor vehicles will be required to obtain a Texas Motor Vehicle Dealer license. Listed below are a few key license requirements outlined by the State of Texas:
Each license type has an information packet that walks prospective dealers through the application and describes all documentation necessary to apply for that license type. For more information on obtaining your $50,000 Texas Motor Vehicle Dealer License please visit the state link below: