Designated Agent Surety Bond for Illinois Vehicle Dealers

Who is required to post a Designated Agent Surety Bond for Illinois (IL) Vehicle Dealers?

 Any person engaged in the business of selling, dealing, consigning five or more motor vehicles during any calendar year, or who acts as an intermediary, agent or broker for any licensed dealer, vehicle purchaser, or any person who represents or advertises that they are engaged in or intends to be engaged in such business must post a $20,000 Designated Agent Surety Bond for Illinois (IL) Vehicle Dealers with the IL Secretary of State - Dealer/Remitter Licensing Section.

Vehicle dealers must be bonded for the first 3 years licensed to transact business by the state as long as they do not have any delinquent or deficiencies in the transittal of title/registration fees or taxes.

What does a Designated Agent Surety Bond for Illinois (IL) Vehicle Dealers cost?

Applicants with good credit can expect to pay approximately $200 per year for their Designated Agent License Surety Bond.  Bad Credit is not a problem, A1SuretyBonds.com has programs to help you get the bond you need at the lowest rate through our Bad Credit Surety Bond programs.

Get your Illinois (IL) Motor Vehicle Dealer - Designated Agent Surety Bond today! 

Follow the link below to apply for your Illinois (IL) Motor Vehicle Dealer - Designated Agent Surety Bond and let our expert staff get the bond you need at the lowest possible price!  

We work fast so you can stay focused on your business - Satisfaction Guaranteed!

Need help with your Illinois (IL) Motor Vehicle Dealer - Designated Agent Surety Bond ??                         

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