California legally requires a variety of individuals, contractors, and organizations to secure surety bonds to conduct business across the public service industry. Apply for a California Surety Bond today! Single Source Insurance is a leading California bonding company providing bonds with a convenient online application system. Browse the most common types of bonds in this state, or contact us for a full list.

The California Department of Motor Vehicles requires a wholesale car dealer surety bond for entities wishing to obtain the appropriate wholesale license needed to sell motor vehicles to dealerships. Entities wishing to also sell to the general public will require a separate car dealer retail bond.
This bond amount will vary depending on each individual’s situation. Wholesale car dealer bonds require�underwriting based on the applicant’s credit history. Applicants with positive scores and have a healthy financial�history will receive the best rates. All applicants can expect to receive the lowest quote available given their unique history within 24 business hours of contacting one of Single Source Insurance’s bond experts. ��
Start the process online by filling out the online application return the completed for to our �bond experts through email or fax at 407-674-7978. Many applicants receive their low cost quote and secured bond within the same day.
We also offer additional wholesale car dealership bonds in other states. A friendly member of the Single Source Insurance Bond team is ready to answer your questions at our toll free number at 855-689-5106 or respond to your�online inquiry.
are used car dealerships bonded in california, how much is a california dealer bond, wholesale auto dealer bond, california auto dealer bond
Wholesale car dealers in California are required to obtain a surety bond as part of their licensing process. This bond serves as a financial guarantee to protect consumers and the state from potential misconduct or violations by the dealer.
The required bond amount for California wholesale car dealers is $50,000. This bond must be maintained throughout the duration of the dealer's license and renewed annually to remain in compliance with state regulations.
To apply for a wholesale car dealer bond in California, applicants need to complete an online application form provided by a surety bond company. The application typically requires basic personal and business information, as well as details about the applicant's credit history.
Once the application is submitted, the surety company will review the information and determine the premium cost based on the applicant's creditworthiness. After approval and payment of the premium, the bond certificate will be issued, allowing the dealer to proceed with their license application.
