$120 is your GOOD CREDIT PRICE for a Pennsylvania Motor Vehicle Dealer Bond. This bond is also available for a 3 year term for only $270.
If you are engaged as a motor vehicle dealer in Pennsylvania, you are required under chapter 75 PA Code 1335 to file a Pennsylvania Motor Vehicle Dealer Bond as a condition of licensure.
Bonds Express offers a Pennsylvania Motor Vehicle Dealer Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Pennsylvania Motor Vehicle Dealer Bond holds you accountable for your business decisions.
By possessing a Pennsylvania Motor Vehicle Dealer Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.