Surety Bonds
Affordable Surety Bonds for NY Dealers
GNYADA secures LOWEST Bond Rates in the State!
New Car Bond: $285 Used Car Bond: $850
Vehicle & Traffic Law 415 requires all New York State dealers to have a current original, signed, surety bond on file with the DMV. Failure to maintain a current bond will result in the suspension of your dealer license and access to VERIFI.
Join the 80% of GNYADA members who trust us for their bonds!
Benefits of a GNYADA Surety Bond:
- Automatic Renewals: Our program takes care of renewals automatically, saving you time and effort.
- Swift Turnaround Time: Experience efficient processing and receive your bond within 24-48 hours.
- No Credit Bureau Checks: Rest assured that your credit won’t be evaluated as part of the New Car Surety Bond program application process.
- Simple Application Process: Streamlined application process for effortless coverage acquisition.
- No Additional Fees for Riders: Enjoy flexibility without incurring any extra costs.
- No Financial Statements Required: Our New Car Surety Bond program eliminates the need for burdensome paperwork.
GNYADA can also assist dealers with ERISA (401K) Bonds, Out-of-State Bonds, Utility Bonds, NYC/DOT Bonds, Permit Bonds, and many other types of bonds!
Contact Us
To secure your surety bond, please call or email Jennifer Lepurage, VP of Membership Services with any questions at 718.746.5900 or jennifer@gnyada.com.