Platinum Bonds Insurance Agency
Research before you apply.For California DMV motor vehicle dealer license applicants and renewals.
Essential point: Use this path for California dealer license questions involving the DMV dealer bond requirement.
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BBB A+ AccreditedView the agency profileA California Motor Vehicle Dealer Bond is a financial guarantee required by the California DMV for many applicants who want to open or operate a car dealership in California. For many retail and general wholesale dealer applicants, the bond amount is $50,000.
California retail motor vehicle dealers, general wholesale dealers, motorcycle dealers, ATV dealers, and certain wholesale-only dealers depending on volume and license type.
Many license bonds are commonly priced around 1–5% of the bond amount per year. Small bonds under $25,000 are often flat-rated around $100–$250 per year. Credit, state program, and underwriting can change the final price.
Your quote determines the actual premium.Same-day approval is typical for many common license bonds. Some bonds take longer depending on the state, bond type, form, and underwriting requirements.
Timing can change when underwriting needs more information.Confirm the bond and provide applicant and business details.
See the terms and premium before deciding to continue.
Complete the required payment and signatures.
Get the issued bond and filing or delivery instructions.
Helpful guidance, a real agency team, and a clear path from research to application.
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A car dealer bond is a license bond required by a motor vehicle agency. It helps protect customers and the state if a dealer violates dealer laws or licensing rules.
California DMV dealer bond requirements can apply to retail motor vehicle dealers, general wholesale dealers, motorcycle dealers, ATV dealers, and certain wholesale-only dealers.
California dealer bond amounts depend on dealer type. Retail and general wholesale dealers are commonly listed at $50,000, while motorcycle/ATV dealers and certain small wholesale-only dealers may have a $10,000 bond amount.
The bond is there for customers and the state if a dealer breaks rules such as failing to transfer titles properly, misrepresenting vehicles, or engaging in fraudulent sales practices.
Have the state, dealer type, DMV or agency form, business/license information, bond amount, and any renewal or new-license deadline.
Start the secure application with this bond already selected, or ask Ava a question before you begin.