State of Colorado - Bond Of Motor Vehicle Dealer (Powersports, Wholesaler, Wholesale Auction Dealer)
Motor Vehicle Dealers - Used Vehicles Only
Overview
What it is.
Motor Vehicle Dealers - Used Vehicles Only
Who usually needs it
Powersports vehicle dealers, used powersports vehicle dealers, wholesale motor vehicle dealers, and wholesale motor vehicle auction dealers in Colorado must obtain this $50,000 bond as part of their licensing requirements under Title 44, Article 20 of the Colorado Revised Statutes. The bond protects customers by ensuring dealers provide clear title to vehic…
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.
StateCOBond amountVaries by license type or projectObligeeState of ColoradoBond classLicense BondCategoryOtherBondState of Colorado - Bond Of Motor Vehicle Dealer (Powersports, Wholesaler, Wholesale Auction Dealer)Plain descriptionMotor Vehicle Dealers - Used Vehicles OnlyWho needs this bondPowersports vehicle dealers, used powersports vehicle dealers, wholesale motor vehicle dealers, and wholesale motor vehicle auction dealers in Colorado must obtain this $50,000 bond as part of their licensing requiremen…
