This bond is required in Colorado for any dealer that sells at least 3 vehicles in a calendar year. It is required as part of the licensing requirements set by the Motor Vehicle Dealer Board and helps ensure that the bondholder will not practice fraud or similar crimes according to the Colorado Revised Statutes (C.R.S. 12-6-111). The required bond amount is $50,000. To determine the cost of this bond, complete our easy online application.
To Secure a Colorado Bond of Motor Vehicle Dealer:
- 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.