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Motor Vehicle Dealer Bond

New and used motor vehicle dealers (specifically car and motor truck dealers) applying for a certificate of registration. Required when: Application for or renewal of a motor vehicle dealer's certificate of registration. Exemptions: Finance dealers, auction dealers, and transporters are excluded from this specific bon…

Bond amount"New applicants: $35,000. Established dealers: $20,000 for fewer than 25 units …
State or jurisdictionVermont
ObligeeVermont Department of Motor Vehicles

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.

Amounts can vary

Selected requirement: "New applicants: $35,000. Established dealers: $20,000 for fewer than 25 units …. Other available requirements: "New applicants: $35,000. Established dealers: $20,000 for fewer than 25 units sold; $25,000 for 25-100 units; $30,000 for 101-250 units; $35,000 for 251 or more units. Calculation is based on the number of new or used units sold in the pr…. Exact options still depend on the obligee, state, and underwriting.

Google icon5.0 ★★★★★Google review profileBBB iconBBB A+ AccreditedView the agency profile
2323 yearsHelping clients and agents
Overview

What it is.

New and used motor vehicle dealers (specifically car and motor truck dealers) applying for a certificate of registration. Required when: Application for or renewal of a motor vehicle dealer's certificate of registration. Exemptions: Finance dealers, auction dealers, and transporters are excluded from this specific bon…

Who usually needs it

New and used motor vehicle dealers (specifically car and motor truck dealers) applying for a certificate of registration.

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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23 years

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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