Indiana Motor Vehicle Merchandising Bond

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Bond Penalty: $25,000

Obtaining an Indiana motor vehicle dealer bond is an essential step in the licensing process of your dealership. An Indiana motor vehicle merchandising bond is a type of surety bond required by the Indiana Bureau of Motor Vehicles (BMV) for individuals or businesses engaging in the sale of motor vehicles. This bond serves as a financial guarantee to ensure that the dealer operates ethically and complies with state laws and regulations governing the vehicle merchandising sector.

The surety bond guaranteed that the dealer will comply with the laws, ordinances and resolutions that govern the dealership business. This dealer bond runs to to the Indiana Secretary of State and can be claimed upon to reimburse the state for fines, penalties, costs and fees associated with the claim(s). The surety bond form more specifically guarantees the dealer's compliance with IC §9-32 but requires a judgment rendered in favor of the complainant. Surety bonds and application materials must be submitted to:

Indiana Secretary of State
Auto Dealer Services Division
301 W. Washington Street, Room E-111
Indianapolis, IN 46204

Indiana surety bond leader, Surety One, Inc., offers same-day servicing of your new or renewal vehicle merchandising bond request. Our special programs allow us to offer you bonding regardless of your credit and financial condition. Damaged credit? No problem! We have non-standard bonding programs for Indiana vehicle dealer bond applicants. Do you operate in multiple states? No problem! We offer motor vehicle dealer bonds in all states where they are required by law. We also offer certificate of title bonds occasionally needed in the course of your dealership operations.

Surety bond application review and quoting are free of charge. There is no obligation to purchase.