New York Automobile Broker Bond
New York Automobile Broker Bond
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An Automobile Broker Bond in New York is required for individuals or businesses that act as intermediaries in the purchase or lease of motor vehicles on behalf of clients. Automobile brokers help clients find, negotiate, and finalize deals with car dealerships or private sellers, often offering services like price negotiation, vehicle sourcing, and paperwork assistance.. Automobile Broker Bonds are required by the New York State Department of State. The required bond amount is $100,000.
We have various sureties willing to write wage bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.
We find the best possible price for your surety bond given your particular qualifications.
Additional information about this NY wage bond requirement is as follows:
Obligee - New York State Department of State
Bond Amount - $100,000
Bond Premium - Starts at $900
Renewal Document - None.