Florida Dealer Bonds
Car Dealer Bonds in Florida
If you own or plan on opening a used car dealership, then it’s required that you obtain the correct form of dealer bonds in Florida. There are different bond types required for different types of dealerships and dealer licenses, and there are other key differences as well.
It’s important to understand what the differences are, and what you and your business will need. Right here, you’ll be able to get a head start.
Florida Auto Dealers Bond Facts & Requirements
Dealer bonds in Florida have staggered renewal dates throughout the year. When your surety bond must be set to expire, and be annually renewed, is dependent on the type of dealership you have. A few key dates to know include:
- Used car dealer bonds in Florida for Independent Dealers (VI) expire on April 30th
- Recreational Dealers (RU & RV) expire on September 30th
- Franchise Dealers (VF) expire on December 31st
Additionally, surety bonds must be set in the amount of $25,000. The bonds must be valid for a period of 12 months, which puts them up for annual renewal.
Get Your Free Florida Dealer Bond Quote
Whether you have a Florida dealers license to sell used cards, recreational vehicles, or anything else, let us help you with a hassle-free, affordable free Florida auto dealers bond.
Call us at 407 889 2612 today and we’ll help you get started quickly and easily.