In compliance with Title 20, Chapter 12, Article 8 of the Code of Alabama, the Alabama Department of Revenue requires this bond to ensure that car dealerships follow all federal, state, and local laws, as well as tax guidelines that pertain to Motor Vehicles. As of August 1st, 2014, Alabama HB 400 increased the required surety bond amount for used motor vehicle dealers, wholesale dealers and rebuilders to $25,000. In most cases, the premium on this bond is as little as $250 with the submission of a completed application.
To Obtain an Alabama Motor Vehicle Dealer Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.