This bond is required for anyone who wants to open a new car dealership in Missouri. The state requires this $50,000 bond to protect car buyers from dishonest business practices. If a dealer breaks state laws—like failing to transfer a title, misrepresenting a vehicle, or not honoring warranty obligations—a customer c…
Overview
What it is.
This bond is required for anyone who wants to open a new car dealership in Missouri. The state requires this $50,000 bond to protect car buyers from dishonest business practices. If a dealer breaks state laws—like failing to transfer a title, misrepresenting a vehicle, or not honoring warranty obligations—a customer c…
Who usually needs it
Motor vehicle dealers in Missouri who sell 8 or more vehicles in a year must obtain this $50,000 surety bond as part of their licensing requirements. This includes dealers selling cars, trucks, trailers, boats, and powersports vehicles such as ATVs and motorcycles.
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.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
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.
StateMOBond amount$50,000ObligeeState of MissouriBond classLicense BondCategoryMotor VehicleBondMissouri Motor Vehicle Dealer Bond (New)JurisdictionStatePlain descriptionThis bond is required for anyone who wants to open a new car dealership in Missouri. The state requires this $50,000 bond to protect car buyers from dishonest business practices. If a dealer breaks state laws—like faili…Who needs this bondMotor vehicle dealers in Missouri who sell 8 or more vehicles in a year must obtain this $50,000 surety bond as part of their licensing requirements. This includes dealers selling cars, trucks, trailers, boats, and powe…
