Search Results for: auto dealer

The Wyoming Department of Transportation requires all vehicle dealers and Wyoming-based manufacturers to file a $25,000 surety bond to become licensed to do business in the state. This includes anyone engaged in selling or exchanging at least three vehicles in Wyoming in a consecutive 12-month period. 

The Vermont Agency of Transportation Department of Motor Vehicles requires new and used motor vehicle dealers in the state to post the following surety bonds. Bond requirements are based on the number of vehicles sold the previous year – or the last two years for dealers with a two-year registration.

The South Dakota Department of Revenue requires motor vehicle dealers in the state to post the following surety bonds: New or used motor vehicle dealer: $25,000 bond Mobile/manufactured home dealer: $25,000 bond Final manufacturer dealer: $25,000 bond Boat dealer: $20,000 bond New and used trailer dealer: $10,000 bond Emergency vehicle dealer: $10,000 bond Motorcycle dealer: […]

The Oklahoma Used Motor Vehicle, Dismantler, and Manufactured Housing Commission requires those working in the motor vehicle dealer industry to post the following surety bonds: Used motor vehicle auctions: $50,000 bond Used auto dealers: $25,000 bond Wholesale motor vehicle dealers: $25,000 bond Used motor vehicle rebuilders: $15,000 bond

The New York Department of Motor Vehicles requires auto dealers in the state to post the following bonds to become or remain registered: Application for a dealer license Child support form BLS-43 New motor vehicle dealers: $50,000 bond Retail or wholesale motor vehicle dealers that sold 50 or fewer vehicles in the previous 12 months: […]

The New Jersey Motor Vehicle Commission requires new and used auto dealers to post a $10,000 bond as part of the state licensing process. 

The New Hampshire Department of Safety Division of Motor Vehicles requires anyone applying for a motor vehicle dealer license to post a $25,000 Vehicle Dealer’s Bond. This requirement applies to retail dealers, automotive recycling dealers, auto wholesale dealers, and utility dealers in the state.