Idaho auto dealers must post a bond ranging from $10,000 to $40,000 depending on dealer type. Retail dealers need $20,000, wholesale dealers $40,000, and motorcycle/ATV dealers $10,000. The bond protects consumers from fraud and dealer violations.
Overview
What it is.
Idaho auto dealers must post a bond ranging from $10,000 to $40,000 depending on dealer type. Retail dealers need $20,000, wholesale dealers $40,000, and motorcycle/ATV dealers $10,000. The bond protects consumers from fraud and dealer violations.
Who usually needs it
Anyone selling 5 or more vehicles per year (Retail, Wholesale, or Specialty dealers).
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.
StateIDBond amount$20,000ObligeeIdaho Transportation Department (ITD)Bond classLicense BondCategoryMotor VehicleBondMotor Vehicle Dealer Performance BondPlain descriptionIdaho auto dealers must post a bond ranging from $10,000 to $40,000 depending on dealer type. Retail dealers need $20,000, wholesale dealers $40,000, and motorcycle/ATV dealers $10,000. The bond protects consumers from …Who needs this bondAnyone selling 5 or more vehicles per year (Retail, Wholesale, or Specialty dealers).
