Any person applying for a license as a motor vehicle dealer or wholesaler in South Carolina. Required when: Application for or renewal of a motor vehicle dealer or wholesaler license.
Overview
What it is.
Any person applying for a license as a motor vehicle dealer or wholesaler in South Carolina. Required when: Application for or renewal of a motor vehicle dealer or wholesaler license.
Who usually needs it
Any person applying for a license as a motor vehicle dealer or wholesaler in South Carolina.
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 de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateSCBond amount$50,000 for Retail, Wholesale, and Recreational Vehicle dealers; $25,000 for Mo…Term lengthAnnualObligeeSouth Carolina Department of Motor VehiclesRenewalA new bond or a proper continuation certificate must be provided to the department every twelve months during the license period.Bond classLicense BondCategoryMotor VehicleBondMotor Vehicle Dealer and Wholesaler Surety BondStatutory referenceS.C. Code Ann. § 56-15-320JurisdictionState
