Mississippi Dealer Bonds
Used Car Dealer Bonds for Mississippi Dealer License
Whether you’re looking to receive or maintain your Mississippi used car dealer license, an auto auction license, wholesale dealership or so forth down the line, you’ll need the right bonding in place when you submit your application in order to be approved. Here, find the specifics you need to know.
Mississippi Car Dealers Bonds Regulations & Specifics
Mississippi auto dealership bonds come for one year terms. You will need to obtain a dealer bond in the amount of $25,000, and then continue to renew your bond each year prior to the expiration and renewal date.
This includes for dealerships who sell recreational vehicles such as RVs, scooters, ATVs, along with motorcycles and other specialty vehicles. This also includes wholesale dealers, anyone looking for an auto auction license, Mississippi used car dealers, and more.
However, for those with multiple locations, you can actually obtain one single $100,000 bond to cover all of your lots and dealerships across the state. So, if you have a chain of six, 10 or 12 locations, you can see that offers both great savings and ease.
Get Your Free Mississippi Auto Dealer Bond Quote Today
Get in touch with our team today and we can get you started quickly and easily with a free, no obligation quote. Call us at 844.467.4878 and we’ll get you started with the bonding you need for your Mississippi used car dealer license, auto auction lot, and more.