Florida Motor Vehicle Dealer Bonds

All Florida motor vehicle dealer bonds have a common expiration date of April 30th.  Auto dealers are required to obtain a $25,000 Motor Vehicle Dealer Bond to be in compliance with Section 320.27 of the Florida Statutes.

With one simple application Ashton Agency will shop around for the best rate possible and will get you a quote back in 1-2 business days.  Our in-house underwriters are able to look at many personal variables on your application and can offer the Florida Auto Dealer Bond as low as $200!

In addition to the bond, the State of Florida requires that you carry garage liability insurance.   Ashton Agency offers an experienced insurance department that can write your liability coverage also. We are your one-stop shop for all your auto dealer needs!

Start saving time and money immediately!  Call us today at (800) 451-4854 to speak with one of our helpful customer service representatives (hablamos español). 

Or visit online:

Website:  https://ashtonagency.com

Facebook: https://www.facebook.com/ashtonagency

Twitter: https://twitter.com/AshtonAgency

California Used Motor Vehicle Dealer Bond.  All auto dealers are required to obtain a surety/license bond in the amount of $50,000 for a retail dealer.  A $10,000 bond is required for a motorcycle dealer, motorcycle lessor-retailer, all-terrain vehicle dealer, or wholesale-only dealer (less than 25 vehicles per year).  https://www.dmv.ca.gov/portal/dmv/detail/vehindustry/ol/dealer

Ashton Agency is able to get you a price comparison back in 1-2 business days.  We also have programs specially designed to help get used car dealer bonds for dealers with challenged credit.  Ashton Agency will shop around for the best rate possible with one simple application.  Our in-house underwriters are able to look at many personal variables on your application and can offer some of the lowest rates for multi-year premiums!

In addition to the dealer bond, Ashton Agency can help keep you covered with garage liability insurance.  We also write the California VIN Verifier, Notary, and Registration bond.  We are your one-stop shop for all your auto dealer needs!

Start saving time and money immediately!  Call us today at (800) 452-2663 to speak with one of our helpful customer service representatives (hablamos español). 

You can also visit our website at http://ashtonagency.com

New Mexico MVD bond renewal is fast approaching.

All New Mexico motor vehicle dealer bonds have a common expiration date of March 31st.  Auto dealers are required to obtain a $50,000 Motor Vehicle Dealer Bond to be in compliance with New Mexico Statutes.

With one simple application, Ashton Agency will shop around for the best rate possible and will get you a quote back in 1-2 business days.  Our in-house underwriters are able to look at many personal variables on your application and can offer The New Mexico Auto Dealer Bond as low as $250! We also have programs for bad credit if you are needing a used car dealer bond.

Ashton Agency offers an experienced insurance department that can write your liability coverage also.  Ashton Agency also has the $30,000 VIN Verifier bond as low as $228.  We are your one-stop shop for all your auto dealer needs!

Start saving time and money immediately!  Call us today at (800) 452-2663 to speak with one of our helpful customer service representatives (hablamos español). 

You can also visit our website at http://ashtonagency.com

2015 is looking to be a great year for motor vehicle dealers.

According to Black Book data, the average price for the average used vehicle for model years 2009-2013 fell 12.1% in 2014.  A much smaller decline than the 12.8% for 2013 and less than Black Book’s prediction of 13.5%.  For the year, domestic trucks finished with the lowest depreciation at 9.1%, while domestic cars topped out at 15.9% depreciation.

“The used-vehicle market finished another solid year,” said Manheim Chief Economist Tom Webb. “Consumers continue to see great value in purchasing used vehicles, even at higher price points. Dealers continue to see used vehicles as an important and profitable part of their business.”

2015 is looking to be an even better year for sales of used cars and trucks.  Before going into the business of selling cars, check with your state for their requirements.  Most states have an extensive list of things you must obtain before you can open your doors to the public.  Things like site approval, business license, dealer courses, insurance and surety bonds are just the basic, but mandatory requirements in most states.

There are many costs with opening a business that are set in stone.  Business license and dealer license are just a couple.  Things like insurance and surety bonds can be shopped to find a competitive price.  Finding the best price for these means you might have to do some extra work to find a company like Ashton Agency.  Ashton Agency does the work for you and gets you the lowest price from multiple markets.  Let Ashton Agency’s 40 plus years of experience help save you time and money.

Please visit Ashton Agency’s website at www.ashtonagency.com or call (800) 451-4854 (East Coast) or (800) 452-2663 (West Coast) to obtain your MVD bond and garage insurance.