Arkansas DMV Bond

Arkansas DMV Bond

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Arkansas DMV bonds, also known as Arkansas Motor Vehicle Dealer Bonds, are types of surety bonds required by the Arkansas Office of Motor Vehicle for individuals or businesses who want to become licensed motor vehicle dealers in the state. The bond provides a financial guarantee that the dealer will comply with state laws and regulations relating to the sale of motor vehicles, and will pay any necessary taxes and fees to the state. If the dealer fails to meet these obligations, the bond can be used to compensate any affected parties, such as customers or the state government. The required bond amount may vary depending on the specific license and dealership type, and must be obtained from a licensed surety bond provider.

What is an Arkansas Car Dealer Bond? 

The State requires a Car Dealer bond for each license you hold:  

  • $100,000 surety bond for New and Used Motor Vehicle Dealers, Public Consignment Auction Dealers
  • $20,000 surety bond for Automotive Recyclers
  • $25,000 surety bond for Brokers, Wholesale Auction Dealers, Wholesale Motor Vehicle Dealers, and Title Service Companies


You can buy your Arkansas Car Dealer bond (Apply) online immediately

Arkansas Car Dealer Bond Requirements and Information

Arkansas Car Dealer Bonds are required by The Motor Vehicle Department "MVD" to obtain your Dealer license. The MVD Bond amount for the sale of New and used vehicles is set at $100,000.  The Auto Dealer bond ensures that the principal shall comply with the conditions of any contract made by such licensee in connection with the sale or exchange of any motor vehicle and shall not violate any of the provisions of law relating to the conduct of the business for which it is licensed.

Different parts of a bond:

Try our 100%  Secure MVD Bond Online Application to get the Lowest Lost title bond rates in all 50 States.

 There are 3 parts to a MVD surety bond. The Principal "YOU", The Surety Company, and the Obligee. The Principal is the business or individual applying for the MVD Surety Bond. The Obligee  is the individual or entity requiring the Surety Bond and the Surety Company is the company who provides the Surety Bond coverage.


Arkansas Car Dealer Bond Requirements and Information

The bond amount that needs to be purchased is at least a $25,000. A license for a used motor vehicle dealer is required as well to receive this type of bond. 


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