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License Bond

Indiana Vehicle Merchandising Certificate/Bond

Vehicle merchandisers, including new and used motor vehicle dealers, automobile auction companies, manufacturers, distributors, transfer dealers, converter manufacturers, and automotive salvage recyclers. This includes brokers who facilitate vehicle transactions as defined in IC 9-32-2-6. Required when: Applying for o…

Overview

What it is.

Vehicle merchandisers, including new and used motor vehicle dealers, automobile auction companies, manufacturers, distributors, transfer dealers, converter manufacturers, and automotive salvage recyclers. This includes brokers who facilitate vehicle transactions as defined in IC 9-32-2-6. Required when: Applying for o…

Who usually needs it

Vehicle merchandisers, including new and used motor vehicle dealers, automobile auction companies, manufacturers, distributors, transfer dealers, converter manufacturers, and automotive salvage recyclers. This includes brokers who facilitate vehicle transactions as defined in IC 9-32-2-6.

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.

StateIN
Bond amount$25,000
Term lengthContinuous
ObligeeIndiana Secretary of State, Auto Dealer Services Division
RenewalThe bond must be maintained for the duration of the license. Renewal typically involves paying an annual premium to the surety and submitting a continuation certificate or proof of active coverage through the Secretary …
Bond classLicense Bond
CategoryMotor Vehicle
BondIndiana Vehicle Merchandising Certificate/Bond
Statutory referenceIC 9-32-11-2
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.