A Vermont Motor Vehicle Dealer Bond is required for anyone who wants to sell cars, trucks, motorcycles, or other motor vehicles as a business in Vermont. This bond protects customers and the state if the dealer breaks laws or fails to follow regulations, such as not transferring titles properly or engaging in fraudule…
Overview
What it is.
A Vermont Motor Vehicle Dealer Bond is required for anyone who wants to sell cars, trucks, motorcycles, or other motor vehicles as a business in Vermont. This bond protects customers and the state if the dealer breaks laws or fails to follow regulations, such as not transferring titles properly or engaging in fraudule…
Who usually needs it
Licensed motor vehicle dealers in Vermont, including new car dealers, used car dealers, and auto dealerships engaged in buying, selling, or exchanging motor vehicles (including snowmobiles, motorboats, or all-terrain vehicles), must obtain this bond to receive or maintain their dealer certificate of registration through the Vermont Department of Motor 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.
StateVTBond amountVaries by license type or projectObligeeState of VermontBond classLicense BondCategoryMotor VehicleBondVermont Motor Vehicle Dealer BondJurisdictionStatePlain descriptionA Vermont Motor Vehicle Dealer Bond is required for anyone who wants to sell cars, trucks, motorcycles, or other motor vehicles as a business in Vermont. This bond protects customers and the state if the dealer breaks l…Who needs this bondLicensed motor vehicle dealers in Vermont, including new car dealers, used car dealers, and auto dealerships engaged in buying, selling, or exchanging motor vehicles (including snowmobiles, motorboats, or all-terrain ve…
