This bond is required for anyone who wants to sell cars, motorcycles, boats, or other vehicles in Washington State. It protects customers and the state government if the dealer breaks laws or fails to meet their legal obligations, such as not providing proper titles or engaging in fraud. If a dealer violates the rules…
Overview
What it is.
This bond is required for anyone who wants to sell cars, motorcycles, boats, or other vehicles in Washington State. It protects customers and the state government if the dealer breaks laws or fails to meet their legal obligations, such as not providing proper titles or engaging in fraud. If a dealer violates the rules…
Who usually needs it
Licensed motor vehicle dealers (selling new or used cars, trucks, motor homes, off-road vehicles, snowmobiles, motorcycles, and miscellaneous vehicles) and vessel (boat) dealers selling 15 or more vessels per year with a retail value over $2,000 must obtain this bond as part of their licensing requirements under Washington State law. Motor vehicle dealers r…
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.
StateWABond amountVaries by license type or projectObligeeState of WashingtonBond classLicense BondCategoryMotor VehicleBondWashington Vehicle/Vessel Dealer BondJurisdictionStatePlain descriptionThis bond is required for anyone who wants to sell cars, motorcycles, boats, or other vehicles in Washington State. It protects customers and the state government if the dealer breaks laws or fails to meet their legal o…Who needs this bondLicensed motor vehicle dealers (selling new or used cars, trucks, motor homes, off-road vehicles, snowmobiles, motorcycles, and miscellaneous vehicles) and vessel (boat) dealers selling 15 or more vessels per year with …
