Virginia Used Car Dealers are required under the Code of Virginia section 1527.2 of Chapter 15, title 46.2 to file a Virginia Used Car Dealer Bond as a condition of licensure.
Bonds Express offers a Virginia Used Car 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 Virginia Used Car Dealer Bond holds you accountable for your business decisions.
By possessing a Virginia Used Car Dealer Bond , you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.