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Utah Motor Vehicle Dealer, Utah Auto Dealer Bond:

The Utah Motor Vehicle Dealer bond is a License Surety Bond that serves to protect Utah's citizens by providing a path for recourse in situations where an Auto Dealer does not adhere to the laws, rules, and regulations as set in Utah state legal statutes. A Utah Motor Vehicle Dealer bond may be required as part of the Motor Vehicle Dealer licensing and/or vehicle registration process.

In Utah, the required Motor Vehicle Dealer bond amounts are as follows:

• Utah, Motor Vehicle Dealer bond requirement - $75,000 Surety Bond
• Utah, Special Equipment Dealer bond requirement - $75,000 Surety Bond
• Utah, Motorcycle Dealer bond requirement - $10,000 Surety Bond
• Utah, Off-Highway Vehicle Dealer bond requirement - $10,000 Surety Bond
• Utah, Small Trailer Dealer bond requirement - $10,000 Surety Bond
• Utah, Vehicle Crusher bond requirement - $10,000 Surety Bond
• Utah, Body Shop bond requirement - $20,000 Surety Bond

You should always check with the Utah State Tax Commission Motor Vehicle Enforcement Division, or requesting agency, for the most current required Utah Motor Vehicle Dealer bond amount as well as the required bond forms.

Viking Bond Service, Inc. writes Utah Motor Vehicle Dealer bonds. We can assist both clients with good credit, and clients with bad credit. Typically, the worse the credit, the higher the surety bond premium will be. In either case, we always work to get the best quote for you. Viking has partnered with markets that welcome Utah Motor Vehicle Dealer bond applications and provide competitive quotes for them.

(See Also: Cost Expectations for Auto Dealer Bonds)