Arizona Auto Dealer Bond
Before you get your Arizona dealer license issued, you'll need to purchase an surety bond called an Arizona auto dealer bond. If this is your first time getting licensed, the concept of a surety bond is probably new to you.
This video was created to explain what an auto dealer surety bond is and why the Arizona Department of Transportation requires it.
Check the timestamps below if you want to jump around. If you have any questions, ask in the comments and I'll personally answer you.
- 00:24 - Video agenda
- 00:47 - 7 dealer license classifications
- 01:17 - What is an auto dealer bond?
- 01:43 - What does an auto dealer bond protect against?
- 02:24 - Examples of dealer misconduct and fraud
- 02:56 - What is the bond amount?
- 03:33 - How much does a dealer bond cost?
- 03:53 - Primary factors that determine the bond cost
- 04:25 - How to NOT overpay for your auto dealer bond
- 04:52 - How the price quote process proceeds
- 05:35 - Example rates and prices
- 06:03 - How long does it take to get your bond?
- 06:39 - How to keep your dealer bond active
- 07:36 - How to get pricing today
Read about post about the steps to get your Arizona auto dealer license.
Your dealership application requires a surety bond called an auto dealer bond. Learn what this bond is and how to buy it for as little as possible!
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Michigan Auto Dealer Bond Update And 2023 Breaking News
Effective January 23rd, 2023 Michigan Auto Dealer bonds are having their amount increased from $10k to $25k. Learn about the change and make sure you're ready.
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