This surety bond primarily applies to those who purchase vehicles with the intent of reselling or leasing. It is required by the Colorado Department of Revenue in compliance with C.R.S. 12-6-112.2. The required bond amount is $5,000. The premium on this bond is usually $100 per year or $250 for three years.
To Acquire a Colorado Bond of Motor Vehicle Buyer Agent:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.