Pennsylvania Auto Dealer Bond
The Pennsylvania Department of State requires most auto dealer license classifications to purchase a surety bond as one of the requirements to have a license issued.
This video will explain the auto dealer bond requirement and help you get pricing for your Pennsylvania auto dealer bond.
Use the timestamps to jump around if you need to.
- 00:16 - Video agenda
- 00:42 - Pennsylvania vehicle dealer license classifications
- 01:26 - What is an auto dealer surety bond?
- 01:59 - What does an auto dealer surety bond protect against?
- 02:32 - Examples of vehicle dealer fraud
- 03:05 - What is the surety bond amount?
- 03:21 - List of Pennsylvania vehicle dealer bond amounts
- 03:57 - How is your surety bond price going to be determined?
- 04:33 - Vehicle savors and card agents instant priced bonds
- 05:11 - How are you going to get the lowest possible rate?
- 05:23 - Step 1 is to request a price quote
- 06:15 - Real price examples based on different rates
- 06:33 - Step 2 is to purchase your bond when you're ready
- 06:45 - Step 3 is getting your bond issued correctly
- 07:19 - How to keep your bond active year over year
- 08:07 - The vehicle dealer surety bond steps recap
- 08:48 - Go get step 1 started and request your price quote today
Many of our vehicle dealer customers get licensed in neighboring states. If you might get licensed in a neighboring state, here's the information you need:
Your dealership application requires a surety bond called an auto dealer bond. Learn what this bond is and how to buy it for as little as possible!
Learn the details about the New York auto dealer bonds for each license type. Understand the bond and how it's priced so you can get yours today!
Watch our video that explains the Ohio used auto dealer surety bond and the Title Defect Recision Fund. Understand what this bond requirement is.
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