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Arizona Auto Dealer Bond

Arizona requires an auto dealer bond for every license classification they offer including a vehicle dismantler.

This video will explain what an Arizona auto dealer bond is... the different bond amounts for each license classification... and help you determine your price.

I encourage you to skip around to the parts that you want to learn about. The most important part starts at 1:21.

  • 00:20 - Video agenda
  • 00:46 - Dealer license classifications
  • 01:21 - What is an auto dealer surety bond?
  • 01:31 - The promises you make as a licensed dealer
  • 01:45 - Why are you being required to purchase this bond?
  • 02:16 - Examples of fraudulent dealer actions
  • 02:52 - What is your surety bond amount?
  • 03:28 - How much will your auto dealer bond cost?
  • 03:47 - The 3 factors that determine the price of your bond
  • 04:26 - 4 steps to get your dealer bond in one to two days
  • 04:39 - Step 1 is to request your price quote
  • 05:21 - Pricing examples
  • 05:55 - Step 2 is purchase your surety bond
  • 06:32 - Step 3 is get your bond issued
  • 07:18 - Step 4 is to submit your bond with your application
  • 07:28 - What is your bond term?
  • 08:27 - Get your auto dealer bond steps recap

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