$400 is your GOOD CREDIT PRICE for an Idaho Motor Vehicle Dealer Bond.
Motor Vehicle Dealers operating in the State of Idaho are required under Section 49-1418 of the Idaho Code to execute an Idaho Motor Vehicle Dealer Bond to ensure compliance with licensure.
Bonds Express offers a Idaho 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 Idaho Motor Vehicle Dealer Bond holds you accountable for your business decisions.
By possessing a Idaho 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.