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License Bond

State of Wisconsin - Motor Vehicle Dealer/ Wholesaler Bond

Recreational Vehicle Dealer - New or New and Used Vehicles

Overview

What it is.

Recreational Vehicle Dealer - New or New and Used Vehicles

Who usually needs it

Motor vehicle dealers and wholesalers in Wisconsin who sell automobiles, motorcycles, RVs, ATVs, mopeds, salvage vehicles, or operate auctions must obtain this bond as part of their dealer license requirements under Wisconsin Statutes Chapter 218. Bond amounts vary by dealer type: $50,000 for retail dealers, $25,000 for wholesale dealers, and $5,000 for spe…

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.

StateWI
Bond amountVaries by license type or project
ObligeeState of Wisconsin
Bond classLicense Bond
CategoryOther
BondState of Wisconsin - Motor Vehicle Dealer/ Wholesaler Bond
Plain descriptionRecreational Vehicle Dealer - New or New and Used Vehicles
Who needs this bondMotor vehicle dealers and wholesalers in Wisconsin who sell automobiles, motorcycles, RVs, ATVs, mopeds, salvage vehicles, or operate auctions must obtain this bond as part of their dealer license requirements under Wis…
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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.