Does every dealer need the same bond?
AutoDealersBond says requirements can differ by state and license class, including wholesale, retail, broker, and other categories. Confirm the form and amount with your licensing agency. As a Texas-specific example, TxDMV’s 2026 dealer manual describes a $50,000 bond requirement for most new and renewal GDN applications and identifies exceptions for certain dealer classes. AutoDealersBond FAQs · TxDMV 2026 Motor Vehicle Dealer Manual
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