Missouri's Department of Revenue issues Special Event Motor Vehicle Auction licenses. In a special event auction, at least 90% of the vehicles being auctioned must be 10 years old or older, no more than 3% of the vehicles being auctioned can be owned and titled in the name of the licensed auction or its owners, cannot last more than three consecutive days, and is held no more than three times in a calendar year by a licensee.
Each auction event requires a special license issued by the Department of Revenue. The application process includes:
Applications for a special event motor vehicle auction must be received by the Department as least 90 days prior to the beginning of the event.
The premium you pay for a Missouri Special Event Motor Vehicle Auction Surety Bond is 1% of the bond amount with good credit. Contact our Surety Bond Specialists for a free quote that fits your specific situation.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
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