State of West Virginia - Division of Motor Vehicles Surety Bond
Trailer Dealer - New or New and Used Trailers
Overview
What it is.
Trailer Dealer - New or New and Used Trailers
Who usually needs it
Motor vehicle dealers in West Virginia who sell 5 or more vehicles (new or used) annually must obtain this $25,000 surety bond from the Division of Motor Vehicles as part of their dealer licensing requirements. The bond protects the public against fraud or fraudulent representation by bonded dealers that results in financial loss.
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.
StateWVBond amount$25,000ObligeeState of West VirginiaBond classLicense BondCategoryOtherBondState of West Virginia - Division of Motor Vehicles Surety BondPlain descriptionTrailer Dealer - New or New and Used TrailersWho needs this bondMotor vehicle dealers in West Virginia who sell 5 or more vehicles (new or used) annually must obtain this $25,000 surety bond from the Division of Motor Vehicles as part of their dealer licensing requirements. The bond…
