Question 1

Do auto dealers in Amarillo need a GDN bond?

Accepted Answer

Yes. All Texas auto dealers, including Amarillo and Potter County dealers, must maintain a $50,000 GDN surety bond with TxDMV under Texas Transportation Code §503.033.

Question 2

How much does a Amarillo GDN dealer bond cost?

Accepted Answer

Amarillo auto dealers typically pay $100–$300 per year for a $50,000 GDN dealer bond. The exact premium depends on credit score and dealership history.

GDN Bond — Amarillo, Texas