[nobody271]

The bond, I think, is mainly for if someone sues you. For a $1000-$2000 car $75,000 is overkill. They could make a class for people who aren't dealers where you only need to buy a bond for the car you are selling or something like that.

[lotsofpulp]

An vehicle with improperly installed brakes or other unsafe mechanisms can easily cost far more damage than the value of the car.