Motor Vehicle Dealer Bonds
Most of the time, a surety bond’s purpose is to protect a consumer against damages due to fraud, defaulting on a contract, or other negative and wrongful behaviors on the part of a business providing a service or product. In some cases, a business opts to get a surety bond to prove that they are committed to ethical behavior; however, most of the time a bond is required by a government agency in order for a business to get a license to provide those services or products.
One example of an industry that is required by law to have surety bonds in place in order for a business to obtain a license is the motor vehicle dealership industry.
A motor vehicle dealer bond, sometimes also called a DMV bond, used car dealer bond, or auto dealer bond, guarantees that the motor vehicle dealer complies with all federal laws, state laws, local laws, and tax and judgment guidelines that relate to motor vehicles.
The bond also ensures that if the dealer or any of its employees commits fraud or other actions that are wrongful to the consumer, the consumer is protected from any consequence arising from those actions.
In addition to the protection that a consumer receives from a motor vehicle dealer bond, they also find peace of mind knowing that a dealership has a surety bond in place. That surety bond means that a third party bonding company has reviewed that dealership’s financial information and endorsed them as a financially stable company. And in the event that something does take a negative turn during the transaction between consumer & dealership, the bonding company can step in to make the situation better for the consumer.
Typically, dealers obtain their motor vehicle dealer bond by applying with a surety bond company. As part of the application process, the dealer provides financial documentation and agrees to submit to a credit check, so that the bond company can be sure that they are financially stable, can pay for bond premiums and cost, and are a reasonable dealership to provide a surety bond to.
A poor credit score on the record of the dealer will make getting a surety bond more difficult with many companies; however, at BFBOND.com many of our motor vehicle dealer bonds have special programs available to applicants with poor credit scores.
We’ve helped hundreds of dealerships across the nation get their surety bond quickly and without hassle, and we’d love to help you with your surety bond requirements. Call us at 800-925-1008 or apply online today.
State Requirements For Motor Vehicle Dealerships
Please note that this information is not legal advice or counsel, and consulting with your attorney as to the specific legal requirements in your state is recommended.
ALABAMA: |
Alabama New Motor Vehicle Dealer Bond |
Alabama Used Motor Vehicle Dealer Bond |
Alabama Motor Vehicle Wholesale Dealer Bond |
Alabama Designated Agent Bond |
Alabama Designated Agent Bond |
Alabama Motor Vehicle Rebuilder / Reconditioner Bond |
Alabama Automotive Dismantler and Parts Recycler Bond |
ALASKA: |
Alaska Motor Vehicle Dealer Bond |
Alaska Motor Vehicle Buyers Agent Bond |
Alaska Motorcycle Dealer Bond |
ARIZONA: |
Arizona New Motor Vehicle Dealer Bond |
Arizona Used Motor Vehicle Dealer Bond |
Arizona Motor Vehicle Broker Bond |
Arizona Motor Vehicle Wholesale Auto Auction Bond |
Arizona Motor Vehicle Public Consignment Auction Bond |
Arizona Motor Vehicle Wholesale Dealer Bond |
Arizona Motor Vehicle Title Service Company Bond |
Arizona Motor Vehicle Automotive Recycler Bond |
ARKANSAS: |
Arkansas Motor Vehicle Dealer Bond – $25,000 |
Arkansas New Motor Vehicle Dealer Bond – $50,000 |
Arkansas Used Motor Vehicle Dealer Bond – $50,000 |
Arkansas Motorcycle, ATV, Lessor or Scooter Dealer Bond |
CALIFORNIA: |
California Motor Vehicle Dealer Bond |
California Motor Vehicle Performance Bond |
California Motor Vehicle Wholesale-Only Dealer (Less Than 25 Vehicles) Bond |
California Motor Vehicle Commercial Requestor Account Bond |
California Motor Vehicle Remanufacturer Bond |
California Motor Vehicle Verifier Bond |
California Motorcycle Dealer Bond |
California Motorcycle Lessor – Retailer Bond |
California Motorcycle Wholesale Dealer Bond |
California All Terrain vehicle Dealer Bond |
California DMV Business Partner Automation Bond – $10,000 |
California DMV Business Partner Automation Bond – $50,000 |
California Vehicle Registration Service Bond – $5,000 |
California Vehicle Registration Service Bond – $25,000 |
COLORADO: |
Colorado New Motor Vehicle Dealer Bond |
Colorado Used Motor Vehicle Dealer Bond |
Colorado Motor Vehicle Wholesaler Bond |
Colorado Motor Vehicle Wholesale Auction Dealer Bond |
Colorado Motor Vehicle Reistration Service Bond |
Colorado Motor Vehicle Buyer Agent Bond |
Colorado Motor Vehicle Salesperson Bond |
Colorado Motor Vehicle Wrecker Bond |
Colorado New Powersports Vehicle Dealer Bond |
Colorado Used Powersports Vehicle Dealer Bond |
Colorado Powersports Vehicle Salesperson Bond |
CONNECTICUT: |
Connecticut New Motor Vehicle Dealer Bond |
Connecticut Used Motor Vehicle Dealer Bond |
Connecticut Motor Vehicle Leasing or Rental Company Bond |
Connecticut Motor Vehicle Registration Issuance Bond |
Connecticut Motor Vehicle Limited Repairer Bond |
Connecticut Motor Vehicle Limited Repairer Bond |
DELAWARE: |
Delaware Motor Vehicle Dealer Bond |
Delaware Motor Vehicle Sales Finance Company Bond |
FLORIDA: |
Florida New Motor Vehicle Dealer Bond |
Florida Used Motor Vehicle Dealer Bond |
Florida Motor Vehicle Wholesale Dealer Bond |
Florida Motor Vehicle Auction Dealer Bond |
Florida Motor Vehicle Salvage Dealer Bond |
Florida Motor Vehicle Service Facility Bond |
GEORGIA: |
Georgia New Motor Vehicle Dealer Bond |
Georgia Used Motor Vehicle Dealer Bond |
Georgia Used Parts Dealer Bond |
Georgia Motor Vehicle Tag Service Company Bond |
HAWAII: |
Hawaii New Motor Vehicle Dealer Bond – $50,000 |
Hawaii New Motor Vehicle Dealer Bond – $200,000 |
Hawaii Used Motor Vehicle Dealer Bond – $25,000 |
Hawaii Used Motor Vehicle Dealer Bond – $100,000 |
Hawaii Motorcycle and Scooter Dealer Bond |
Hawaii Motor Vehicle Salvage Repair Bond |
IDAHO: |
Idaho New Motor Vehicle Dealer Bond |
Idaho Motorcycle Dealer Bond |
Idaho ATV, Truck Camper and Snow Machine Dealer Bond |
ILLINOIS: |
Illinois Motor Vehicle Dealer Bond |
Illinois Motor Vehicle Second Installment Bond |
Illinois Motor Vehicle Broker Bond |
INDIANA: |
Indiana Motor Vehicle Dealer Bond |
Indiana Motor Vehicle Wholesale Dealer Bond |
Indiana Motor Vehicle Transfer Dealer Bond |
Indiana Automobile Auctioneer Bond |
Indiana Motor Vehicle Merchandising Bond |
Indiana Motor Vehicle Distributor Bond |
Indiana Motor Vehicle Distributor Branch Bond |
Indiana Motor Vehicle Distributor Representative Bond |
Indiana Motor Vehicle Factory Representative Bond |
Indiana Motor Vehicle Manufacturer Bond |
Indiana Motor Research and Development Bond |
IOWA: |
Iowa Motor Vehicle Dealer Bond |
KANSAS: |
Kansas Motor Vehicle Dealer Bond |
KENTUCKY: |
Kentucky Motor Vehicle Dealer Bond |
LOUISIANA: |
Louisiana New Motor Vehicle Dealer Bond |
Louisiana Used Motor Vehicle Dealer Bond |
Louisiana Recreational Vehicle Dealer Bond |
Louisiana Motor Vehicle Inspection Station Bond |
MAINE: |
Maine Motor Vehicle Dealer Bond |
MARYLAND: |
Maryland New Motor Vehicle Dealer Bond |
Maryland Used Motor Vehicle Dealer Bond |
Maryland Wholesale Motor Vehicle Dealer Bond |
Maryland Motor Vehicle Information Requestor / Vehicle Records Bond |
Maryland Automobile Insurance Funds Producer Bond |
Maryland Title Service Bond |
Maryland Title Insurance Settlement Agent Bond |
MASSACHUSETTS: |
Massachusetts Motor Vehicle Dealer Bond |
Massachusetts Motor Vehicle Secondhand Dealer Bond |
Massachusetts Auto Body Shop Bond |
MICHIGAN: |
Michigan New Motor Vehicle Dealer Bond |
Michigan Used Motor Vehicle Dealer Bond |
Michigan Motor Vehicle Broker Bond |
MINNESOTA: |
Minnesota New Motor Vehicle Dealer Bond |
Minnesota Used Motor Vehicle Dealer Bond |
Minnesota Motor Vehicle Lessor Bond |
Minnesota Motor Vehicle Broker Bond |
Minnesota Motor Vehicle Wholesale Dealer Bond |
Minnesota Motor Vehicle Auction Bond |
Minnesota Motor Vehicle Parts and Scrap Metal Bond |
Minnesota Boat Dealer Bond |
MISSISSIPPI: |
Mississippi Motor Vehicle Dealer Bond |
Mississippi Motor Vehicle Specialty Dealer Bond |
Mississippi Motor Vehicle Designated Agent Bond – $5,000 |
Mississippi Motor Vehicle Designated Agent Bond – $15,000 |
Mississippi Motor Vehicle Auctioneer Bond |
Mississippi Motor Vehicle Auctioneer Bond |
Mississippi Motor Vehicle Bus & RV Dealer Bond |
Mississippi Motorcycle Dealer Bond |
Mississippi Used Auto and Parts Bond |
Mississippi Inspection Station Bond |
MISSOURI: |
Missouri Motor Vehicle Dealer Bond |
Missouri Motor Vehicle Service Contract Provider Bond |
MONTANA: |
Montana Motor Vehicle Dealer Bond |
Montana Motor Vehicle brokers Bond |
Montana Motor Vehicle Wholesalers Bond |
Montana Motor Vehicle Auction Bond |
Montana Motorboat and Personal Watercraft Dealer Bond |
Montana Snowmobile and ATV Dealer Bond |
NEBRASKA: |
Nebraska Motor Vehicle Dealer Bond |
Nebraska Motor Vehicle Auction Dealer Bond |
Nebraska Motorcycle Dealer Bond |
Nebraska Motor Vehicle Trailer Dealer Bond |
NEVADA: |
Nevada Motor Vehicle Dealer Bond |
Nevada Motor Vehicle Broker Bond |
Nevada Motor Vehicle Lessor Bond |
Nevada Motorcycle Vehicle Dealer Bond |
Nevada Motor Vehicle Trailer Dealer Bond – $10,000 |
Nevada Motor Vehicle Trailer Dealer Bond – $50,000 |
Nevada Motor Vehicle Distributor Bond |
Nevada Motor Vehicle Manufacturer Bond |
Nevada Motor Vehicle Transporter Bond |
Nevada Motor Vehicle Wrecker Bond |
Nevada Motor Vehicle Rebuilder Bond |
Nevada Motor Vehicle Salvage Pool Bond |
Nevada Motor Vehicle Damage Appraiser Bond |
Nevada Motor Vehicle Body Shop Bond |
Nevada Motor Vehicle Class A Body Shop Bond |
Nevada Motor Vehicle Emissions Inspection Station Bond |
Nevada Title Agent / Title Insurer Bond |
NEW HAMPSHIRE: |
New Hampshire Motor Vehicle Dealer Bond – $10,000 |
New Hampshire Motor Vehicle Dealer Bond – $15,000 |
New Hampshire Motor Vehicle Dealer Bond – $20,000 |
New Hampshire Motor Vehicle Dealer Bond – $25,000 |
New Hampshire Motor Vehicle Dealer Association Bond – $100,000 |
NEW JERSEY: |
New Jersey New Motor Vehicle Dealer Bond |
New Jersey Used Motor Vehicle Dealer Bond |
New Jersey Motor Vehicle Lessor Bond |
NEW MEXICO: |
New Mexico Motor Vehicle Dealer Bond – $25,000 |
New Mexico Motor Vehicle Dealer Bond – $50,000 |
New Mexico Motorcycle Dealer Bond |
New Mexico Motor Vehicle Dismantler Bond |
New Mexico Motor Auto Recycler Bond |
New Mexico VIN Inspector Bond |
New Mexico Motor Vehicle Inspection Station Bond |
New Mexico Title Service Company Bond |
NEW YORK: |
New York Motor Vehicle Dealer Bond – $10,000 |
New York Motor Vehicle Dealer Bond – $25,000 |
New York Motor Vehicle Dealer Bond – $50,000 |
New York Motor Vehicle Broker Business Bond – $75,000 |
NORTH CAROLINA: |
North Carolina New Motor Vehicle Dealer Bond – $25,000 |
North Carolina Used Motor Vehicle Dealer Bond – $25,000 |
North Carolina New Motor Vehicle Dealer Bond – $50,000 |
North Carolina Used Motor Vehicle Dealer Bond – $50,000 |
NORTH DAKOTA: |
North Dakota New Motor Vehicle Dealer Bond |
North Dakota Used Motor Vehicle Dealer Bond |
North Dakota Motorcycle Dealer Bond |
North Dakota Motor Vehicle Trailer Dealer Bond |
OHIO: |
Ohio Motor Vehicle Dealer Bond – $25,000 |
Ohio Motor Vehicle Dealer Bond – $30,000 |
Ohio Motor Vehicle Dealer Bond – $100,000 |
OKLAHOMA: |
Oklahoma Motor Vehicle Dealer Bond – $25,000 |
Oklahoma Motor Vehicle Dealer Bond – $50,000 |
Oklahoma Used Motor Vehicle Dealer Bond – $15,000 |
Oklahoma Motor Vehicle Auction Dealer Bond |
Oklahoma Motor Vehicle Non-Auction Consignment Dealer Bond |
Oklahoma Motor Vehicle Salesperson Bond |
OREGON: |
Oregon Motor Vehicle Dealer Bond |
Oregon Motorcycle Dealer Bond |
Oregon Motor Vehicle Wrecker Dismantler Bond |
Oregon Motor Vehicle Rebuilder Bond |
PENNSYLVANIA: |
Pennsylvania Motor Vehicle Dealer Bond |
Pennsylvania Motor Vehicle Department Full Agent Bond |
Pennsylvania Card Agent Bond |
Pennsylvania Motor Vehicle Messenger Service Bond |
Pennsylvania Motor Vehicle Salvor Bond |
Pennsylvania Motor Vehicle Sales Finance Bond |
Pennsylvania Motor Vehicle Manufacturer Bond |
RHODE ISLAND: |
Rhode Island Motor Vehicle Dealer Bond |
SOUTH CAROLINA: |
South Carolina New Motor Vehicle Dealer Bond |
South Carolina Used Motor Vehicle Dealer Bond |
South Carolina Motor Vehicle Wholesale Dealer Bond |
South Carolina Motorcycle Dealer Bond |
South Carolina Motorcycle Wholesaler Bond |
South Carolina Travel trailer Dealer Bond |
SOUTH DAKOTA: |
South Dakota New Motor Vehicle Dealer Bond |
South Dakota Used Motor Vehicle Dealer Bond |
South Dakota Motor Vehicle Dealer Car Auction Agency Bond |
South Dakota Motorcycle Dealer Bond |
South Dakota Snowmobile Dealer Bond |
South Dakota New Boat Dealer Bond |
South Dakota Used Boat Dealer Bond |
South Dakota Trailer Dealer Bond |
TENNESSEE: |
Tennessee New Motor Vehicle Dealer Bond |
Tennessee Used Motor Vehicle Dealer Bond |
Tennessee Motor Vehicle Auction Dealer Bond |
Tennessee Motorcycle Dealer Bond |
Tennessee Recreational Vehicle Dealer Bond |
TEXAS: |
Texas Motor Vehicle Dealer Bond |
Texas Motor Vehicle Inspector Bond |
Texas Motor Vehicle Inspection Station Bond |
UTAH: |
Utah New Motor Vehicle Dealer Bond |
Utah Used Motor Vehicle Dealer Bond |
Utah Motorcycle Dealer Bond |
Utah Motor Vehicle Crusher Bond |
Utah Motor Vehicle Body Shop Bond |
VERMONT: |
Vermont Motor Vehicle Dealer Bond |
VIRGINIA: |
Vermont Motor Vehicle Dealer Bond |
Virginia Motorcycle, Trailer or T&M Vehicle Dealer Bond |
WASHINGTON: |
Washington New Motor Vehicle Dealer Bond |
Washington Used Motor Vehicle Dealer Bond |
Washington Motorcycle Dealer Bond |
Washington Motor Vehicle Wrecker Bond |
WASHINGTON DC: |
Washington DC Motor Vehicle Dealer Bond |
Washington DC Used Car Lot Bond |
WEST VIRGINIA: |
West Virginia Motor Vehicle Dealer Bond – $10,000 |
West Virginia Motor Vehicle Dealer Bond – $25,000 |
West Virginia Auto Auction Dealer Bond |
West Virginia Motorcycle Dealer Bond |
West Virginia Motor Vehicle License Service Bond |
West Virginia Motor Vehicle Wrecker Bond |
West Virginia Motor Vehicle Dismantler Bond |
West Virginia Recreational Vehicle Dealer Bond |
West Virginia Trailer Dealer Bond |
WISCONSIN: |
Wisconsin New Motor Vehicle Dealer Bond |
Wisconsin Used Motor Vehicle Dealer Bond |
Wisconsin Motor Vehicle Wholesaler Bond |
Wisconsin Used Motor Vehicle Wholesaler Bond |
Wisconsin Motor Vehicle Auction Dealer Bond |
Wisconsin Motorcycle Dealer Bond |
Wisconsin Used Motorcycle Dealer Bond |
Wisconsin Motor Vehicle Salvage Dealer Bond |
Wisconsin Motor Vehicle Salesperson Bond |
WYOMING: |
Wyoming Motor Vehicle Dealer Bond |