South Carolina — All Wholesale Auction Dealers Bond
South Carolina wholesale auctions use a $15,000 bond for the business operating the auction location. This is separate from the $50,000 ordinary dealer/wholesaler class. Start with Propeller.
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
- Local scope
- Authority
- Identified authority / locality
- South Carolina Department of Motor Vehicles
What this bond does
Provide the surety security requested with the South Carolina wholesale-auction license application.
- Who needs it
- Businesses applying for the SCDMV motor vehicle wholesale-auction license, not merely an ordinary retail dealer or an individual auctioneer credential.
- Who it protects
- The accepted DLA-1B bond supplies its covered conditions and protected interests. The licensing page identifies the required document and sum, not a separate promise to pay every auction dispute.
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 Licenses | SCDMV (opens in a new tab)Checked October 19, 2026
Have these ready
- Have the wholesale-auction entity name, location and SCDMV request ready.
- Use the class-specific $15,000 bond instructions for the provider application.
- After issuance, arrange the DLA-1B bond and power of attorney, then mail the original to SCDMV; copies are not accepted for licensure.
Questions about this bond
Which amount does the wholesale-auction checklist specify?
SCDMV lists $15,000 with power of attorney for wholesale auctions, separate from ordinary dealer/wholesaler security.
Whose name belongs on the application?
Use the business applying for the wholesale-auction license, not merely an individual auctioneer credential.
Does purchasing complete the license application?
No. Purchase Now opens Propeller in a new tab through The Southern Agency. After issuance, submit the original bond with the remaining SCDMV documents.