I have been reading about Surety Bonds…
Now it may be quite a random thing to do - spend your Saturday evening reading about surety bonds, but I wanted to know more about it. Essentially Surety Bonds are a three part agreement held on finance. But with such low costs as 0.5% - 2% they sound a cost effective solution.
Its as simple as downloading an application from a website you can be up and applied. They can be approved instantly but potentially it can take a while - like a mortgage in the uk!
I don’t personally need a surety bond at the moment, but if I did I would get my surety bond online from somewhere like Bryant. They would probably have to do a fair amount of checks on your background though, because the bonding company would need to get a good idea of you and your financials. But for buying cars it cant hurt to apply for an auto dealer bond.
Your spouse may have to sign any bond application, it would appear this is for two reasons - primarily as a character representative - to make sure you are who you claim to be and secondly as married couples share asset control they may require his/her permission to gain the asset as payment. Essentially it covers both parties I suppose.
Either way I would recommend a used car dealer bond from a company called Bryant 