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Bond of Motor Vehicle Dealer - Third Party Program

This bond is required for motor vehicle dealers in Utah who participate in third-party licensing programs. It protects the State of Utah and consumers if the dealer breaks state laws or regulations while handling vehicle sales, registrations, or title work. If the dealer acts dishonestly, fails to follow proper proced…

Bond amount$20,000
State or jurisdictionUtah
ObligeeState of Utah

Essential point: 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.

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2323 yearsHelping clients and agents
Overview

What it is.

This bond is required for motor vehicle dealers in Utah who participate in third-party licensing programs. It protects the State of Utah and consumers if the dealer breaks state laws or regulations while handling vehicle sales, registrations, or title work. If the dealer acts dishonestly, fails to follow proper proced…

Who usually needs it

Motor vehicle dealers licensed in Utah, specifically new or used motor vehicle dealers (including large trailer dealers) and motorcycle or small trailer dealers, must obtain this bond for obtaining or renewing a dealer license from the Utah Motor Vehicle Enforcement Division (MVED). The bond provides financial protection to ensure dealers comply with state …

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 depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

Platinum Bonds

Experience behind every bond.

Helpful guidance, a real agency team, and a clear path from research to application.

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“My bond application was processed and received very quickly.”

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Offering service to clients and agents alike.

Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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