![]() ![]() Contact us today at (800) 451-4854 for a free, no-obligation quote on both your bond and insurance! We can write your bond for up to three years, with discounts available on the second and third years' premiums. In addition to the bond, the State of South Carolina requires that you carry garage liability insurance.Īshton Agency can write your liability coverage too. What else do I need besides the Wholesale Motor Vehicle Dealer Bond? By obtaining your auto dealer bond, you are telling the Obligee that you can be trusted and that you stand by your business decisions. The Motor Vehicle Dealer Bond protects the party requesting the surety bond, the Obligee, against any financial losses as a result of poor financial choices, damages, unethical decisions, or a failure to adhere to state and local laws on the part of you, the Principal. What is the Wholesale Motor Vehicle Dealer Bond? In the State of South Carolina, whole sale auto dealers are required to obtain a $15,000 Motor Vehicle Dealer Bond to be in compliance with Code of Laws of South Carolina Title 56 of the South Carolina Statutes. Who needs the Wholesale Motor Vehicle Dealer Bond? ![]() You are required to have a bond prior to obtaining a Dealer License.Īshton Agency has a 99% approval rate and offers the $15,000 Wholesale Motor Vehicle Dealer Bond for South Carolina car dealers for one, two, or three years. The Motor Vehicle Dealer Bond is also referred to as a Dealer Bond, MVD Bond, Auto Dealer Bond, Used Dealer Bond, and similar names. Some states require this Bond based on volume of sales. This bond allows the licensed individual or business entity to buy/sell/deal with other licensed dealers at wholesale only. This bond is available in 1, 2, or 3 year terms.Īny business or individual that is transacting business as a Wholesale Motor Vehicle Dealer must be licensed and provide a Wholesale Motor Vehicle Dealer License Surety Bond. The South Carolina Motor Vehicle Dealer - Wholesale is a $15,000.00 bond. ![]() South Carolina Motor Vehicle Dealer - Wholesale ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |