Do you need to be bonded to get a car dealer's licence in the state of Arizona?

0 ⤊

Do you need to be bonded to get a car dealer's licence in the state of Arizona?

2007-02-21 05:11:56 · 2 answers · asked by S1 2 in Business & Finance ➔ Insurance

2 answers

You need to have a sales tax bond for sure, and you MIGHT need an auto dealer bond - talk to the insurance agent who is selling you your auto dealer liability coverage about getting the bond.

2007-02-21 06:50:17 · answer #1 · answered by Anonymous 7 · 0⤊ 0⤋

I believe you have to post a bond of some type with the issuing agency which I think its the DMV or BMV there. Its to cover customers if you go out of business.

2007-02-21 05:15:21 · answer #2 · answered by Tom W 6 · 0⤊ 0⤋