Arkansas Motor Vehicle Dealer Bond (New)

This bond is required for anyone who wants to sell new cars in Arkansas. It protects consumers and the state from dishonest business practices, like a dealer taking your money but never delivering your vehicle or lying about a car's condition. The bond amount varies depending on your specific situation. If a dealer br…

Bond amountVaries by license type or project
State or jurisdictionArkansas
ObligeeState of Arkansas

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

Overview

What it is.

This bond is required for anyone who wants to sell new cars in Arkansas. It protects consumers and the state from dishonest business practices, like a dealer taking your money but never delivering your vehicle or lying about a car's condition. The bond amount varies depending on your specific situation. If a dealer br…

Who usually needs it

New motor vehicle dealers (franchise dealers) who sell new vehicles directly to consumers in Arkansas need this $50,000 surety bond as part of obtaining their dealer's license. This applies to businesses or individuals selling 5 or more new vehicles in a 12-month period and is required to guarantee compliance with Arkansas laws, ethical business conduct, an…

Pricing & timing

What to expect.

Generic pricing

License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

Platinum Bonds

Experience behind every bond.

Helpful guidance, a real agency team, and a clear path from research to application.

Google icon5.0★★★★★Google reviews

Finally a company that understands what customer service is supposed to be.

★★★★★

My bond application was processed and received very quickly.

★★★★★

I highly recommend you do business with these folks.

★★★★★
BBB A+ Accredited Business seal for Platinum Bonds Insurance Agency

BBB A+ Accredited

Open the Platinum Bonds Insurance Agency BBB profile.

23 years

Offering service to clients and agents alike.

Frequently asked

Common questions.

What does the Arkansas Motor Vehicle Dealer Bond (New) protect against?

It protects consumers and the State of Arkansas from dishonest business practices and rule-breaking that causes financial harm—such as taking a customer’s money without delivering the vehicle or lying about a car’s condition.

Is the bond amount always the same?

No. Based on the supplied bond facts, the bond amount varies depending on your specific situation.

Who is required to carry the Arkansas Motor Vehicle Dealer Bond (New)?

New motor vehicle dealers (franchise dealers) who sell new vehicles directly to consumers in Arkansas need this bond as part of obtaining their dealer’s license. This applies to businesses or individuals selling 5 or more new vehicles in a 12-month period.

Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.