The license bond guarantees that the licensed vehicle dealer is in compliance with section 4501:1-3-11 of the Ohio Administrative Code (OAC). The bond protects consumers from fraud or misrepresentation by the car dealer.
The surety bond is required for all used vehicle dealers in order to obtain or maintain an active license.
This bond can cost your business as little as $250. You will pay a premium based on your credit score and years of experience in the industry.
To get a free bond quote for a OH used dealer license bond:
Ohio Administrative Code requires that all Ohio Used Motor Vehicle Dealers post a $25,000 surety bond with the Attorney General Office. Our expert surety team will help you get your Ohio Motor Vehicle Dealer License Bond at the best rates available. Fill out the secure bond application below and we will shop for the lowest rates available based on your credit score and years of experience in the industry.
South Coast Surety has been proudly providing surety support to all fifty U.S. states for twenty years. Starting out as a small agency with a dream in San Clemente, California, we have steadily grown into one of the largest bond-only agencies in the nation. We write all commercial bonds and contract bonds for every American business and industry. Our greatest achievement is helping our clients grow their business alongside our own through coaching and obtaining larger bonding limits at the best rates. We work hard for our clients and take pride in bonding businesses that have been declined by our competitors.