A $50,000 Alaska Motor Vehicle Dealer Bond / Buyer’s Agent Surety Bond is required by the Alaska Commissioner of Administration, Division of Motor Vehicles (DMV) for sellers of new and/or used vehicles. The bond is only $25,000 if the licensee only sells motorcycles. An original, notarized AK motor vehicle dealer surety bond form S-5701, in the required amount, must be submitted to Alaska DMV. The AK MVD surety bond must be in force at all times while the AK dealer or AK buyer’s agent is doing business in the State of Alaska.
Ameribonds Surety’s experienced staff can help you obtain a Alaska Motor Vehicle Dealer/Buyer’s Agent bond at a very affordable rate. With good credit, the $50,000 bond is $500.0, while the $25,000 is as low as $250.00.
For more information, go to http://doa.alaska.gov/dmv/dealer/buyers.htm or you may call Ameribonds Surety at (618) 242-7800 or toll free (800) 995-0997. We look forward to hearing from you soon.