What is an Auto Dealer Surety Bond and Dealer Bond Cost?
Posted: January 30, 2022
What Is An Auto Dealer Surety Bond? Auto Dealer bond does not protect the car dealer from lawsuits, but it protects the consumer from fraud or misrepresentation by the auto dealer. Auto Dealer Bonds guarantee compliance with state laws and every state sets its own bond amount, period and expiration date. Auto Dealers are required to obtain a motor vehicle surety bond which is also known as DMV...
Louisiana Auto Dealer Bond and license Rates - Requirements
Posted: December 25, 2019
The auto dealer license in Louisiana is granted by the Louisiana Motor Vehicle Commission. For information on a new or franchise car dealer license, contact them directly at (504) 838-5207. Used car dealer licenses are handled through the Louisiana Used Motor Vehicle Commission. Find Out Which Type of License You Need: Your application license will differ if you’re applying for a new or used vehicle license....