National Independent Automobile Dealers Association
Serving Quality Independent Automobile Dealers Since 1946

Dealer Bond And Licensing Information » Mississippi

Bonds

A $15,000 Designated Agent’s Surety Bond is required for all licensed dealers.  Filed with the application for a dealer’s license.

Dealer License

Applicants must have a place of business, an office, and must display a sign, and must file a bond with the application. An eleven digit designated agent number is assigned to each dealer. The number is carried on any issued title and in the dealer record.

Dealer License Fees: (initial and renewal)

$100.00 new and used vehicle deal­ers
$75.00 trailer dealers
$50.00 motorcycle dealers

 

Contact the Mississippi Independent Automobile Dealers Association for additional information.