Motor Vehicle Dealer Bond Requirements Alabama Motor Vehicle Dealer Bond All dealers need to get a $25,000 bond Alaska Motor Vehicle Dealer Bond New and used motor vehicle dealers: $50,000 bond Motorcycle dealers: $25,000 bond Arizona Motor Vehicle Dealer Bond New and used vehicle dealers: $100,000 bond Title service companies, brokers, and wholesale dealers: $25,000 bond Vehicle recyclers: $20,000 bond Arkansas Motor Vehicle Dealer Bond New vehicle dealers: $50,000 bond Used vehicle dealers, wholesale dealers, or auction dealers: $25,000 bond California Motor Vehicle Dealer Bond New and used vehicle dealers: $50,000 bond Motorcycle, ATV, and wholesale-only dealers: $10,000 bond Colorado Motor Vehicle Dealer Bond All dealers need to get a $50,000 bond Connecticut Motor Vehicle Dealer Bond All dealers need to get a $50,000 bond Delaware Motor Vehicle Dealer Bond All dealers need to get a $25,000 bond District of Columbia Motor Vehicle Dealer Bond All dealers much have a $25,000 bond Florida Motor Vehicle Dealer Bond Recreational vehicle dealers: $10,000 bond All other dealers: $25,000 bond Surety Solutions LLC | 866-722-9239 | [email protected] Laws, regulations and bond amounts are subject to change. We will try to update this PDF as often as possible. Last updated May 2017. Georgia Motor Vehicle Dealer Bond Used vehicle dealers: $35,000 bond Used parts dealers: $10,000 bond Hawaii Motor Vehicle Dealer Bond Motorcycle dealers need a $10,000 bond Vehicle dealer bond amounts are based off vehicles sold (or expected to sell) in 1 month: Less than 10 new vehicles in a month need a $50,000 bond More than 10 new vehicles in a month need a $200,000 bond Less than 60 used vehicles in a month need a $25,000 bond More than 60 used vehicles in a month need a $100,000 bond Idaho Motor Vehicle Dealer Bond New and used vehicle dealers: $20,000 bond Motorcycle, ATV, and snowmobile dealers: $10,000 bond Wholesale dealers: $40,000 bond Illinois Motor Vehicle Dealer Bond All dealers must have a $20,000 bond Indiana Motor Vehicle Dealer Bond All dealers must have a $25,000 bond Iowa Motor Vehicle Dealer Bond All dealers must have a $75,000 bond Kansas Motor Vehicle Dealer Bond All dealers must have a $30,000 bond Kentucky Motor Vehicle Dealer Bond Motor vehicle dealers might be required to submit a bond with their license application. This bond could be up to $100,000. The Commissioner will notify you if you must have a bond. Louisiana Motor Vehicle Dealer Bond All dealers need a $50,000 bond Maine Motor Vehicle Dealer Bond Maine Motor Vehicle Dealer Bonds are dependent on the number of vehicles you sold in the previous year (or plan on selling) 0-50/year: $5,000 bond 51-100/year: $10,000 bond 101-150/year: $15,000 bond Surety Solutions LLC | 866-722-9239 | [email protected] Laws, regulations and bond amounts are subject to change. We will try to update this PDF as often as possible. Last updated May 2017. 151-200/year: $20,000 bond 200 or more/year: $25,000 bond Maryland Motor Vehicle Dealer Bond Maryland Motor Vehicle Dealer Bonds are dependent on the type of vehicles you are selling and the number you sold in the previous year (or plan to sell): Selling new vehicles: 1-500/year: $50,000 bond 501-1,000/year: $75,000 bond 1,001-2,5000/year: $100,000 bond More than 2,500/year: $300,000 bond Selling used vehicles: 1-250/year: $15,000 bond 251-500/year: $25,000 bond 501-1,000/year: $35,000 bond 1,001-2,500/year: $50,000 bond More than 2,500/year: $150,000 bond Massachusetts Motor Vehicle Dealer Bond All dealers must have a $25,000 bond Michigan Motor Vehicle Dealer Bond All dealers must have a $10,000 bond Minnesota Motor Vehicle Dealer Bond New or used vehicle dealers: $50,000 bond Boat, snowmobile, moped, or horse-trailer dealers: $5,000 bond Mississippi Motor Vehicle Dealer Bond All dealers must have a $25,000 bond Missouri Motor Vehicle Dealer Bond All dealers must have a $25,000 bond Montana Motor Vehicle Dealer Bond New or used vehicle dealers: $50,000 bond Motorcycle dealers: $15,000 bond Motorboat, personal watercraft, or snowmobile dealers: $5,000 bond Nebraska Motor Vehicle Dealer Bond All dealers must have a $50,000 bond Surety Solutions LLC | 866-722-9239 | [email protected] Laws, regulations and bond amounts are subject to change. We will try to update this PDF as often as possible. Last updated May 2017. Nevada Motor Vehicle Dealer Bond New or used vehicle dealers: $100,000 bond Motorcycle dealers: $50,000 bond New Hampshire Motor Vehicle Dealer Bond All dealers must have a $25,000 bond New Jersey Motor Vehicle Dealer Bond All dealers must have a $10,000 bond New Mexico Motor Vehicle Dealer Bond New or used vehicle dealers: $50,000 bond Motorcycle dealers: $12,500 bond New York Motor Vehicle Dealer Bond Franchise dealers: $50,000 bond Auto brokers: $75,000 bond Dealers selling less than 50 used vehicles/year: $20,000 bond Dealers selling more than 50 used vehicles/year: $100,000 bond North Carolina Motor Vehicle Dealer Bond All dealers must have a $50,000 bond North Dakota Motor Vehicle Dealer Bond New or used vehicle dealers: $25,000 bond Snowmobile dealers: $10,000 bond Ohio Motor Vehicle Dealer Bond There is not bond requirement for motor vehicle dealers in Ohio Oklahoma Motor Vehicle Dealer Bond Used vehicle dealers: $15,000 bond Wholesale dealers: $25,000 bond Oregon Motor Vehicle Dealer Bond New or used vehicles: $40,000 bond Motorcycle, moped, ATV, or snowmobile dealers: $2,000 bond Pennsylvania Motor Vehicle Dealer Bond All dealers must have a $20,000 bond Rhode Island Motor Vehicle Dealer Bond All dealers must have a $50,000 bond South Carolina Motor Vehicle Dealer Bond Retail and wholesale dealers: $30,000 bond Surety Solutions LLC | 866-722-9239 | [email protected] Laws, regulations and bond amounts are subject to change. We will try to update this PDF as often as possible. Last updated May 2017. Motorcycle, travel trailer*, auto auction wholesale dealers, or motorcycle wholesale dealers: $15,000 bond *The bond amount will increase to $30,000 for recreational (travel trailer) dealers starting November 17th, 2017. South Dakota Motor Vehicle Dealer Bond New or used vehicle dealers: $25,000 bond Motorcycle and snowmobile dealers: $5,000 bond Tennessee Motor Vehicle Dealer Bond All dealers must have a $50,000 bond Texas Motor Vehicle Dealer Bond All dealers must have a $25,000 bond Utah Motor Vehicle Dealer Bond New or used vehicle dealers: $75,000 bond Motorcycle dealers: $5,000 bond Vermont Motor Vehicle Dealer Bond Vermont Motor Vehicle Dealer Bonds are dependent on the number of vehicles you plan on selling in a year: Less than 25/year: $20,000 bond 25-100/year: $25,000 bond 101-250/year: $30,000 bond More than 251/year: $35,000 bond Virginia Motor Vehicle Dealer Bond All dealers must have a $50,000 bond Washington Motor Vehicle Dealer Bond All vehicle dealers must have a $30,000 bond Motorcycle dealers: $5,000 bond Washington D.C. Motor Vehicle Dealer Bond All dealers must have a $25,000 bond West Virginia Motor Vehicle Dealer Bond All dealers must have a $25,000 bond Wisconsin Motor Vehicle Dealer Bond New or used vehicle dealers: $50,000 bond Motorcycle dealers: $5,000 bond Surety Solutions LLC | 866-722-9239 | [email protected] Laws, regulations and bond amounts are subject to change. We will try to update this PDF as often as possible. Last updated May 2017. Wyoming Motor Vehicle Dealer Bond All dealers must have a $25,000 bond Surety Solutions LLC | 866-722-9239 | [email protected] Laws, regulations and bond amounts are subject to change. We will try to update this PDF as often as possible. Last updated May 2017.
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