{"id":497,"date":"2013-03-09T04:48:30","date_gmt":"2013-03-09T04:48:30","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=497"},"modified":"2017-01-03T16:20:43","modified_gmt":"2017-01-03T16:20:43","slug":"texas-motor-vehicle-dealer-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/texas-motor-vehicle-dealer-bond\/","title":{"rendered":"Texas Motor Vehicle Dealer Bond"},"content":{"rendered":"<p>To sell automobiles in to the public in Texas you must apply for the appropriate class of dealer license and provide a <strong><a title=\"Surety One commercial surety page\" href=\"https:\/\/suretyone.com\/commercial-surety-bonds\" target=\"_blank\">Texas motor vehicle dealer bond<\/a><\/strong>. \u00a0According to the <a title=\"TX DMV\" href=\"http:\/\/www.txdmv.gov\/vehicles\/dealers\/licensing.htm\" target=\"_blank\">Texas Department of Motor Vehicles<\/a> an independent motor vehicle dealer may buy, sell, or exchange any type of used cars and trucks after being approved by the Department and providing a <em>dealer bond<\/em> in the amount of $25,000. \u00a0Pursuant to Texas statute the <em>surety bond<\/em> must run for two years, concurrent with the underlying dealer&#8217;s license and must guarantee that the licensee will pay all valid bank drafts, including checks, drawn by the licensee for the purchase of motor vehicles, and transfer good title to each motor vehicle that the licensee sells. \u00a0Any person that obtains a judgment against the dealer for an act covered by the <em>surety bond<\/em> can make a direct claim on it.\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">Surety One, Inc.<\/a>, offers\u00a0<strong>motor vehicle dealer bonds<\/strong>\u00a0in all states where they are required by law. \u00a0Our special program affords access to these bonds regardless of credit for all dealers. For more information visit us at\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">SuretyOne.com<\/a>, call\u00a0<span style=\"color: #ff0000;\">(787) 333-0222<\/span>\u00a0or\u00a0(800) 373-2804, or email us at\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>\u00a0for a\u00a0<strong>Texas motor vehicle dealer bond<\/strong>\u00a0application or for information on any surety bond need.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To sell automobiles in to the public in Texas you must apply for the appropriate class of dealer license and provide a Texas motor vehicle dealer bond. \u00a0According to the Texas Department of Motor Vehicles an independent motor vehicle dealer&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/texas-motor-vehicle-dealer-bond\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[159],"tags":[589,590,588,587],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Texas Motor Vehicle Dealer Bond &bull; Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/texas-motor-vehicle-dealer-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Texas Motor Vehicle Dealer Bond &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"To sell automobiles in to the public in Texas you must apply for the appropriate class of dealer license and provide a Texas motor vehicle dealer bond. \u00a0According to the Texas Department of Motor Vehicles an independent motor vehicle dealer... 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