What type of license are you getting?
Different licenses require different bond forms.
We offer instant digital PDF delivery and overnight shipping for original bond forms required by the DMV.
Why does the DMV require this?
The Department of Motor Vehicles (DMV) or Motor Vehicle Division (MVD) requires a surety bond to protect your customers. It guarantees that you will pay state taxes and deliver valid titles when selling cars.
- State Compliance: You cannot get your license plates without it.
- Consumer Trust: It shows customers you are a legitimate business.
How is your credit score?
This helps us find you the lowest rate. (Soft pull only).
Excellent (700+)
You qualify for "Preferred" standard market rates.
Fair (600 - 699)
Standard rates. We can still get you instant approval.
Under 600 / Other
New business? Bad credit? No problem. We have a program for you.
Can I get a bond with bad credit?
Yes. Unlike standard insurance, surety bonds are a form of credit. While your rate is higher with a lower score, we work with specialized "Non-Standard" markets that approve 99% of auto dealers regardless of credit history or bankruptcies.
What bond amount does your state require?
This is determined by the DMV, not your revenue.
Note: You don't pay the full $25,000 or $50,000. You only pay a small percentage (premium) of that amount, typically 1% to 5% per year.
Helping Dealers Get Licensed Since 2010
"I was declined by 3 other companies because of a bankruptcy 2 years ago. These guys got me approved in 2 hours so I could open my lot."
"Lowest price I found for my $50k California bond. The online checkout was super easy and they overnighted the original seal to me."
"They explained the difference between the bond and my garage liability insurance. Very helpful for a first-time dealer."
Need other dealer coverages?
Most dealers bundle these to save money.
How does a Dealer Bond actually work?
A surety bond is different from insurance. It is a three-party agreement between You (The Dealer), the Surety Company, and the DMV (Obligee).
While insurance protects you from accidents, the bond protects the public from fraud. If you fail to transfer a title or pay sales tax, the state can make a claim against your bond.
What it covers:
- Title Fraud / Failure to Deliver
- Unpaid State Sales Tax
- Odometer Tampering
- License Violations
How much does a Dealer Bond cost?
You pay a small percentage of the bond amount. For a $50,000 bond, rates typically look like this:
Preferred Rate
$350 - $750 / year
For established dealers with strong personal credit history.
Standard Rate
$1,000 - $2,000 / year
For average credit or new dealerships just starting out.
Subprime Rate
$2,500+ / year
We have exclusive programs to approve you even with past bankruptcies.