Virginia Motor Vehicle Dealers
Coming Soon
Dealer License Fees:
- Coming Soon
Virginia Dealer Surety Bond
Original licensees must provide a $25,000 auto dealer bond for the first 3 years they are in business. A surety bond will be required until the time that the dealership has 3 consecutive years without a claim against the dealer bond.
- Bond: Motor Vehicle Dealer Bond
- Obligee: Motor Vehicle Dealer Board
- Obligee Address: 2201 West Broad Street, Suite 104, Richmond, Virginia 23220
- Required Expiration Date of Dealer Bond: N/A
- Surety Bond: This bond is Continuous, it requires no Continuation Certificate
- Bond Form Revision Date: 7/2006
- Bond: Passanger Carrier/Broker Bond
- Obligee: Department of Motor Vehicles
- Obligee Address: PO Box 27412, Richmond, Virginia 23269
- Required Expiration Date of Dealer Bond: N/A
- Surety Bond: The Carrier/Broker bond is not Continuous, it requires a Continuation Certificate apon renewal
- Bond Form Revision Date: 7/2002
Bad Credit Program for Auto Dealers
Virginia MVD's with a low credit scores, or public records on their personal credit report (Bankruptcy, Liens, Collection, or Civil Judgments) may find a difficult time getting bonded. Bryant Surety Bonds, Inc offers a Bad Credit Surety Bond Program that is specially tailored to your needs and can get you approved. This program is available for all bad credit Auto Dealers.
*Information for state licensing is provided as a guide, always verify with the state that the information is correct.How to apply:
1.) Visit the commercial application page.2.) Complete our online application.
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