Hawaii Motor Vehicle Dealer Bond - Fast Approval and Affordable Rates

Hawaii Motor Vehicle Dealer Bond

Hawaii auto dealers are required to obtain a motor vehicle dealer bond, also referred to as an auto dealer bond, to legally operate in the state of Hawaii.

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Why work with Bonding Solutions? Simple! We are different!

We are a surety only agency that thrives on creating an unbeatable client experience! Our industry leading bond volume allows us to create programs that can be tailored to each individual client, getting them their bond faster at the cheapest cost! Below are a few reasons our clients love to work with us:

  • #1 Rated Bond Agency Nationwide
  • Find the Lowest Bond Costs in Minutes
  • Quickest Approvals
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What is a Hawaii Motor Vehicle Dealer Bond?

Motor vehicle dealer bonds consist of three parties the principal (auto dealer), the obligee (in this case the State of Hawaii), and the surety company. The bond ensures that no consumer is harmed by the vehicle dealer’s illegal business or fraudulent actions. In the state of Hawaii, it is illegal to sell more than two vehicles in a calendar year without a dealer business license.

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Bonding Solutions | Hawaii Motor Vehicle Dealer Bond
Bonding Solutions | Hawaii Motor Vehicle Dealer Bond
Bonding Solutions | Hawaii Motor Vehicle Dealer Bond

How much will my Hawaii Auto Dealer Bond Cost?

Bond costs vary depending on factors such as the applicant’s credit and industry regulations. Hawaii motor vehicle dealer bond pricing is shown below:

  • $200,000-   Sells 10+ new vehicles per month
  • $100,000-   Sells 60+ used vehicles per month
  • $50,000-     Sells 0-10 new vehicles per month
  • $25,000-     Sells 0-60 used vehicles per month
  • $10,000-     Sells used scooters or motorcycles

The cost you pay for your surety bond is only a small percentage of the complete bond amount, with excellent credit you can receive rates as low as 0.5%, but regardless of your credit Bonding Solutions has innovated programs tailored to helping clients receive industry-low rates. Get a quote now. 877.841.6745

Why is this Hawaii Motor Vehicle Dealer Bond Required?

Auto dealer bonds are mandated by the state to protect the public, not the dealer. The Hawaii Motor Vehicle Divison requires that all operating vehicle dealers obtain a surety bond to assure that the auto dealer complies with state statues and applicable laws. Posting this bond, the motor vehicle dealer (the principal), agrees to abide by Chapter 437 of the Hawaii Revised Statutes.

How do I get a Motor Vehicle Dealer Bond in Hawaii?

Purchasing your motor vehicle dealer bond is simple. Begin with filling out our two-minute online application or call. Next, we will look over your information and quote you the lowest rate possible on your surety bond. After you pay for your bond we will email and ship it to you the same day.

Why use Bonding Solutions? We are different!

Online applications, instant approvals, same-day issuance, and online/mobile payments make getting your bond straightforward and easy.

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Additional Resources

DCCA Hawaii Motor Vehicle Industry Licensing Board

Hawaii Department of Commerce and Consumer Affairs Professional and Vocational Licensing Divison 

Hawaii Revised Statutes Chapter 437

Surety Bond List

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Questions?

Call us today to speak to a Surety Bond Specialist

(877) 841-6745