The Delaware Motor Vehicle Dealer bond, if required, serves to protect Delaware's citizens by providing a path for recourse in situations where an Auto Dealer does not adhere to the laws, rules, and regulations as set in Delaware state legal statutes. A Delaware Motor Vehicle Dealer bond is not always required but can be required as part of the Motor Vehicle Dealer licensing and/or vehicle registration process.
In Delaware, the required Motor Vehicle Dealer bond amount is as follows:
You should always check with the Delaware Division of Revenue, or requesting agency, for the most current required Colorado Motor Vehicle Dealer bond amount as well as the required bond forms.
Viking Bond Service, Inc. writes Delaware Motor Vehicle Dealer bonds. We can assist both clients with good credit, and clients with bad credit. Typically, the worse the credit, the higher the surety bond premium will be. In either case, we always work to get the best quote for you. Viking has partnered with markets that welcome Motor Vehicle Dealer bond applications from all states, and provide competitive quotes for them.
(See Also: Cost Expectations for Auto Dealer Bonds)
A Performance Bond may be required to bid for, or accept a contracted job. Learn about Performance Bonds here.