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License Bond

State of Utah - Bond of Motor Vehicle Dealer, Crusher or Body Shop

Trailer Dealer - Used Trailers Only

Overview

What it is.

Trailer Dealer - Used Trailers Only

Who usually needs it

New or used motor vehicle dealers, special equipment dealers, motorcycle or small trailer dealers, vehicle crushers, and vehicle body shops operating in Utah must obtain this bond to comply with Utah State Legislation 41-3-205. The bond is specifically required for anyone who sells, displays for sale, or offers or exchanges three or more vehicles in 12 mont…

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.

StateUT
Bond amountVaries by license type or project
ObligeeState of Utah
Bond classLicense Bond
CategoryOther
BondState of Utah - Bond of Motor Vehicle Dealer, Crusher or Body Shop
Plain descriptionTrailer Dealer - Used Trailers Only
Who needs this bondNew or used motor vehicle dealers, special equipment dealers, motorcycle or small trailer dealers, vehicle crushers, and vehicle body shops operating in Utah must obtain this bond to comply with Utah State Legislation 4…
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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.