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Motor Vehicle Dealer Bond

Auto Dealer Bonds from Viking Bond Service

auto dealer surety bond

In most states, a motor vehicle dealer bond is required when seeking licensure to operate an auto dealership or other type of motorized vehicle dealership. In some states, the bond may be required as part of the auto dealer vehicle registration process. Let's take a closer look at auto dealer bonds and how they can help you.

What is an Auto Dealer Surety Bond?

The motor vehicle dealer bond is a license surety bond that serves to protect the public by providing a path for recourse in situations where an auto dealer does not adhere to the laws, rules, and regulations of the state or governing body requiring the bond. They involve the principal (the auto dealer company), the obligee (state departments responsible for handling vehicle licensing), and the surety company.

Depending on the type of dealership you plan to run, you may need to file one of several bond types, including:

  • RV bonds
  • Used car dealer bonds
  • Wholesale dealer bonds
  • Motorcycle dealer bonds
  • DMV bonds

All of these bonds generally operate in the same basic way. If a dealer commits fraud or conducts unethical business practices, the wronged party (which can include a customer, the bank, or the government agency that provided the license) can make a claim and receive compensation from the surety company.

Car dealership bond amounts vary depending on the state where the bond is required, the classification of the motor vehicle dealer license being acquired, and the number of units sold previously or projected to be sold. If you require this surety bond to operate your business, you typically have to maintain it for as long as the license is to remain enforced. These bonds are annually renewable.

Why are MVD Bonds required?

A motor vehicle dealer bond is designed to protect the state and potential customers from dealerships that commit fraud. Sureties scrutinize the principal being bonded to assess the potential risk of bonding the individual or company. This gives potential customers peace of mind while adding credibility to your dealership in the eyes of the state agency.

Why Choose Viking Bond Service

Viking Bond Service writes auto dealer bonds nationwide. We provide competitive quotes for both good credit and bad credit clients. Thanks to a streamlined processing system and a knowledgeable technical staff, turnarounds are quick, giving us more time to focus on helping and informing our clients and agents. For instance, a quote will typically take just 24 hours to obtain after receiving the surety bond application.

Viking Bond Service works with many markets, and we approve nearly all of the requests sent to us. Those who wouldn't traditionally qualify for a bond due to financial deficiencies or bad credit can apply to special programs to receive surety bonds. If you have questions or would like to apply for a motor vehicle dealer bond today, please apply online or contact us through our form or by calling us at 1-888-278-7389.

(See Also: Cost Expectations for Auto Dealer Bonds)

Request a Motor Vehicle Dealer Bond Quote:

Motor Vehicle Dealer Bonds by State:

Alabama

Alabama:

  • Alabama New Motor Vehicle Dealer Bond
  • Alabama Used Motor Vehicle Dealer Bond
Alaska

Alaska:

  • Alaska Motor Vehicle Dealer Bond
  • Alaska Motorcycle-Only Dealer Bond
Arizona

Arizona:

  • Arizona New/Used Motor Vehicle Dealer Bond, Arizona Consignment Auction Dealer Bond
  • Arizona Vehicle Broker Bond, Arizona Wholesale Auto Auction Dealer Bond, Arizona Wholesale Motor Vehicle Dealer Bond
  • Arizona Automotive Recycler Bond
Arkansas

Arkansas:

  • Arkansas Auto Dealer Bond, Arkansas Truck Dealer Bond, Arkansas RV Dealership Bond
  • Arkansas Motorcycle Dealer Bond, Arkansas ATV Dealer Bond, Arkansas Scooter Dealership Bond, Arkansas Lessor Bond
California

California:

  • California Motor Vehicle Dealer Bond
  • California Motorcycle Dealer, California Motorcycle Lessor-Retailer Bond, California All-Terrain Vehicle Dealer Bond, California Wholesale-Only Dealer Bond
Colorado

Colorado:

  • Colorado Motor Vehicle Dealer Bond
Connecticut

Connecticut:

  • Connecticut New/Used Car Dealer Bond
  • Connecticut General/Limited Repairer Bond
Delaware

Delaware:

  • Delaware Motor Vehicle Dealer Bond
District of Columbia

District of Columbia:

  • District of Columbia New Motor Vehicle Dealer Bond
  • District of Columbia Used Motor Vehicle Dealer Bond
Florida

Florida:

  • Florida Motor Vehicle Dealer Bond, Florida Mobile Home Dealer Bond
  • Florida Recreational Vehicle Dealer Bond
Georgia

Georgia:

  • Georgia Used Motor Vehicle Dealer Bond
Hawaii

Hawaii:

  • Hawaii Motor Vehicle Dealer Bond
  • Hawaii Motorcycle Dealer Bond, Hawaii Scooter Dealer Bond
Idaho

Idaho:

  • Idaho Motor Vehicle Dealer Performance Bond
  • Idaho Motorcycle Dealer Bond, Idaho All Terrain Vehicle Dealer Bond, Idaho Utility Type Vehicle Dealer Bond, Idaho Snow Machine Dealer Bond
Illinois

Illinois:

  • Illinois Motor Vehicle Dealer's Bond
Indiana

Indiana:

  • Indiana Motor Vehicle Dealer Bond
Iowa

Iowa:

  • Iowa Motor Vehicle Dealer Bond
Kansas

Kansas:

  • Kansas New/Used Motor Vehicle Dealer Bond, Kansas Auction Vehicle Dealer Bond, Kansas Salvage Vehicle Dealer Bond, Kansas RV Broker Bond, Kansas Motor Vehicle Converter Bond
Kentucky

Kentucky:

  • Kentucky Auto Dealer Bond
Louisiana

Louisiana:

  • Louisiana Used Motor Vehicle Dealer Bond
Maine

Maine:

  • Maine Motor Vehicle Dealer Bond
Maryland

Maryland:

  • Maryland New Motor Vehicle Dealer Bond, Maryland New Motorcycle Dealer Bond, Maryland New Emergency Vehicle Dealer Bond
  • Maryland Used Vehicle Dealer Bond, Maryland Wholesale Vehicle Dealer Bond, Maryland Used Motorcycle Dealer Bond, Maryland Used Emergency Vehicle Dealer Bond
  • Maryland Trailer Dealer Bond
  • Maryland Title Service Bond
  • Maryland Vehicle Manufacturer Bond, Maryland Second Stage Vehicle Manufacturer Bond, Maryland Vehicle Distributor Bond, Maryland Factory Branch Bond
Massachusetts

Massachusetts:

  • Massachusetts Used Motor Vehicle Dealer Bond
Michigan

Michigan:

  • Michigan New/Used Motor Vehicle Dealer Bond, Michigan Motor Vehicle Broker Bond
Minnesota

Minnesota:

  • Minnesota Motor Vehicle Dealer Bond
  • Minnesota Boat Dealer Bond, Minnesota Snowmobile Dealer Bond, Minnesota Small Horse Trailer Dealer Bond, Minnesota Motorized Bicycle Dealer Bond
Mississippi

Mississippi:

  • Mississippi Motor Vehicle Dealer Bond
Missouri

Missouri:

  • Missouri Motor Vehicle Dealer Bond, Missouri Powersport Dealer Bond, Missouri Boat Dealer Bond, Missouri Trailer Dealer Bond, Missouri Emergency Vehicle Dealer Bond
  • Missouri Special Event Motor Vehicle Auction Bond
Montana

Montana:

  • Montana Motor Vehicle Dealer Bond
  • Montana Street Legal Motorcycle or Quadricyle Dealer Bond
  • Montana Snowmobile Dealer Bond, Montana Non Street Legal Motorcycle or Quadricycle Dealer Bond, Montana Boat Dealer Bond
Nebraska

Nebraska:

  • Nebraska Motor Vehicle Dealer Bond
Nevada

Nevada:

  • Nevada Motor Vehicle Dealer Bond
  • Nevada Utility or Boat Trailer Dealer Bond, Nevada Horse Trailer Dealer Bond, Nevada Motorcycle Dealer Bond
New Hampshire

New Hampshire:

  • New Hampshire Motor Vehicle Dealer Bond
New Jersey

New Jersey:

  • New Jersey New/Used Car Dealership Bond
New Mexico

New Mexico:

  • New Mexico Motor Vehicle Dealer Bond
  • New Mexico Motorcycle Only Dealer Bond
New York

New York:

  • New York New Motor Vehicle Dealer Bond
  • New York Used Motor Vehicle Dealer Bond
North Carolina

North Carolina:

  • North Carolina Motor Vehicle Dealer Bond
North Dakota

North Dakota:

  • North Dakota Motor Vehicle Dealer Bond
Ohio

Ohio:

  • No Bond Requirement
Oklahoma

Oklahoma:

  • Oklahoma Used Car Dealer Bond
Oregon

Oregon:

  • Oregon Motor Vehicle Dealer Bond
  • Oregon Exclusive Motorcycle, Moped, Class 1 All Terrain Vehicle, Snowmobile Dealer Bond
Pennsylvania

Pennsylvania:

  • Pennsylvania Motor Vehicle Dealer/Full Agent Bond
Rhode Island

Rhode Island:

  • Rhode Island Motor Vehicle Dealer Bond
South Carolina

South Carolina:

  • South Carolina Original Motor Vehicle Dealer Bond, South Carolina Motor Vehicle Wholesaler Bond
  • South Carolina Motorcycle Dealer Bond, South Carolina Travel Trailer Dealer Bond, South Carolina Wholesale Auto Auction Bond
South Dakota

South Dakota:

  • South Dakota Motor Vehicle Dealer Bond, South Dakota Used Motor Vehicle Dealer Bond, South Dakota Mobile/Manufactured Home Dealer Bond, South Dakota Final Stage Manufacturer Bond
  • South Dakota Motorcycle Dealer Bond, South Dakota Snowmobile Dealer Bond
  • South Dakota Trailer Dealer Bond
  • South Dakota Boat Dealer Bond
Tennessee

Tennessee:

  • Tennessee Motor Vehicle Dealer Bond
Texas

Texas:

  • Texas Independant Motor Vehicle Dealer Bond, Texas Wholesale Motor Vehicle Dealer Bond, Texas Motorcycle Dealer Bond, Texas House Trailer Dealer Bond, Texas Trailer/Semi Trialer Dealer Bond, Texas Independant Mobility Motor Vehicle Dealer Bond
Utah

Utah:

  • Utah Motor Vehicle Dealer Bond, Utah Special Equipment Dealer Bond
  • Utah Motorcycle Dealer Bond, Utah Off-Highway Vehicle Dealer Bond, Utah Small Trailer Dealer Bond, Utah Vehicle Crusher Bond
  • Utah Body Shop Bond
Vermont

Vermont:

  • Vermont Motor Vehicle Dealer Bond
Virginia

Virginia:

  • Virginia New/Used Car Dealer Bond
  • Virginia Motorcycle Dealer Bond, Virginia Motor Home and Travel Trailer Dealer Bond, Virginia Trailer Dealer Bond
Washington

Washington:

  • Washington Motor Vehicle Dealer Bond
West Virginia

West Virginia:

  • West Virginia Motor Vehicle Dealer Bond
Wisconsin

Wisconsin:

  • Wisconsin Retail Motor Vehicle Dealer Bond
  • Wisconsin Wholesale Motor Vehicle Dealer Bond
  • Wisconsin Motorcycle Dealer Bond
Wyoming

Wyoming:

  • Wyoming Motor Vehicle Dealer Bond

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