The Massachusetts Motor Vehicle Dealer bond is a License Surety Bond that serves to protect Massachusetts'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 Massachusetts state legal statutes. A Massachusetts Motor Vehicle Dealer bond may be required as part of the Motor Vehicle Dealer licensing and/or vehicle registration process.
In Massachusetts, the required Motor Vehicle Dealer bond amount is as follows:
You should always check with the Massachusetts Department of Transportation Registry of Motor Vehicles, or requesting agency, for the most current required Massachusetts Motor Vehicle Dealer bond amount as well as the required bond forms.
Viking Bond Service, Inc. writes Massachusetts 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 Massachusetts Motor Vehicle Dealer bond applications and provide competitive quotes for them.
(See Also: Cost Expectations for Auto Dealer Bonds)
Viking provides Utility Deposit Bonds nationwide. We provide fast quotes and knowledgeable friendly agents. Learn more here.