South Carolina — All Retail, Wholesale And Recreational Motor Vehicle Dealers Bond
South Carolina retail, wholesale and recreational motor vehicle dealers use $50,000 bond security. Apply for the licensed entity and location through Propeller; motorcycle and wholesale-auction classes have different amounts.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- South Carolina
- Bond type
- Motor Vehicle Dealer Bond
- Category
- Vehicles, titles & transportation
What this bond does
To provide indemnity for losses caused by dealer fraud or fraudulent representation related to vehicle sales or transfers.
- Who needs it
- Retail, wholesale, and recreational vehicle dealers.
- Who it protects
- Individuals suffering loss or damage from dealer fraud.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- Dealer and Wholesaler Manual (opens in a new tab)Checked October 19, 2026
Have these ready
- Have the licensed entity name, dealer class and location ready.
- Use the class-specific amount and dates requested for the application.
- After issuance, arrange the required owner, partner or corporate-officer signature and original bond with power of attorney for SCDMV submission.
Questions about this bond
Does the bond apply to multiple dealership locations?
Yes, if you have multiple locations, you must apply for a separate license and have a separate surety bond for each location.
Who must sign the surety bond?
The owner, partner, or corporate officer of the dealership must sign the surety bond.
What happens if a dealer changes their bonding company?
You must mail a new surety bond and Power of Attorney to the Business License Unit.