Florida Motor Vehicle Dealer Bonds And What You Need to Know By [ Rothschild The state of Florida has specific regulations and requirements for auto dealer surety bonds which will be different from what other states do. Whether you are considering owning a dealership of any variety, or you currently do and need to ensure you stay in good standing and maintain your license, you can use this guide to learn more about Florida auto dealer bonds. One of the key areas of difference between Florida and other states is that they break down their motor vehicle dealer licenses into a variety of classifications. As opposed to one overarching license, there's a handful. This includes independent dealers, abbreviated as VI, franchise dealers, VF, and several types of recreational dealers, RV and RU. VI dealers are licensed to sell used motor vehicles only, whereas VF dealers sells new vehicles from a manufacturer, and may also sell used vehicles, too. For recreational dealers, RU ...
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