FOR ALL YOUR SURETY BOND NEEDS.
Apply for a Mississippi Surety Bond today! Absolute Surety is a leading MS surety bond company. Apply easily online and take advantage of lowest rates. Quickly browse the bonds we offer for this state, or contact us for a full list.
How much can I expect to pay for my Mississippi motor vehicle dealer bond?
These bonds do require underwriting and are based on personal credit of all the owners. You can expect to pay anywhere between 1% to 5% of the bond penalty amount if you maintain good credit. For individuals with lower credit ratings, we can still offer the most competitive premiums with financing sometimes being an option.
Bond Penalty Amount: $15,000
Bond Term: 1 year
Bond Expiration Date: Varies.
Why do I need this bond?
This bond is required by the State of Mississippi, Department of Revenue for all businesses engaged in selling or exchanging motor vehicles. This includes the following license types:
In order to maintain your dealer license with the State of Mississippi you must keep your surety bond in good standing.
What to do after you purchase your bond:
After you receive your vehicle dealer bond from Absolute Surety, you will need to file it along with the attached power of attorney with:
Mississippi Department of Revenue
Motor Vehicle Licensing Bureau
P O Box 1140
Jackson, MS 39215
Vehicle Dealer Bonds are also referred by many people and state agencies as: MVD Bonds, DMV Bonds, Vehicle Dealer Bonds, Auto Dealer Bonds, Car Dealership Bonds, Car Dealer Bonds & Used Car Dealer Bonds.
Whatever you wish to call them, Absolute Surety can help you obtain it at a low rate!
