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License Bond

Bond of Motor Vehicle Dealer, Powersports Vehicle Dealer

Any person or business applying for a license or renewal to operate as a Motor Vehicle Dealer, Used Motor Vehicle Dealer, Powersports Vehicle Dealer, Used Powersports Vehicle Dealer, Wholesaler, Wholesale Motor Vehicle Auction-Dealer, or Business Disposal Dealer in Colorado. Required when: Applying for the issuance or…

Overview

What it is.

Any person or business applying for a license or renewal to operate as a Motor Vehicle Dealer, Used Motor Vehicle Dealer, Powersports Vehicle Dealer, Used Powersports Vehicle Dealer, Wholesaler, Wholesale Motor Vehicle Auction-Dealer, or Business Disposal Dealer in Colorado. Required when: Applying for the issuance or…

Who usually needs it

Any person or business applying for a license or renewal to operate as a Motor Vehicle Dealer, Used Motor Vehicle Dealer, Powersports Vehicle Dealer, Used Powersports Vehicle Dealer, Wholesaler, Wholesale Motor Vehicle Auction-Dealer, or Business Disposal Dealer in Colorado.

Pricing & timing

What to expect.

Generic pricing

License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Application

What to do next.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

You are on the exact bond page. The next step is to start the quick application.

Details

Bond details.

StateCO
Bond amount$50,000
Term lengthAnnual
ObligeeColorado Department of Revenue, Auto Industry Division
RenewalThe bond must be renewed annually at the same time the license is renewed. Renewal may be accomplished through a continuation certificate issued by the surety and delivered to the Director of Revenue.
Bond classLicense Bond
CategoryMotor Vehicle
BondBond of Motor Vehicle Dealer, Powersports Vehicle Dealer
Statutory referenceC.R.S. § 44-20-112
JurisdictionState
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Next step

Ready to move forward?

Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.