Idaho Motor Vehicle Dealer Bond - #1 Surety Agency for MVD Bonds

Idaho Motor Vehicle Dealer Bond

To operate as an auto dealer in the state of Idaho, all dealers must post a surety bond as per state business licensing requirements.

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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
  • Pay Instantly Online – 100% Secure
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What is an Idaho Auto Dealer Bond?

Motor Vehicle dealer bonds or an auto dealer bond are legal agreements between the surety and licensed dealer that protect consumers. If the vehicle dealer doesn’t follow all state licensing regulations and statutes, customers can make claim against the bond.  There are three types of motor vehicle dealer bonds in the state of Idaho, which are:

  • New and Used retail auto dealer bond
  • New and Used wholesale-only auto dealer bond
  • Motorcycle, UTV, ATV, and snowmobile dealer bond

Bonding Solutions has provided bonds or all three required bonds for over 20 years. Contact us today to get a quote for your bond. 877.841.6745

Bonding Solutions | Idaho Motor Vehicle Dealer Bond
Bonding Solutions | Idaho Motor Vehicle Dealer Bond
Bonding Solutions | Idaho Motor Vehicle Dealer Bond

How much will my Idaho Auto Dealer Bond Cost?

In the state of Idaho, the cost of auto dealer bonds varies based on the applicant’s personal credit and industry experience. Excellent credit and relevant experience can provide rates as low as 0.5%.

  • Retail auto dealer bond: $20,000
  • Wholesale-only auto dealer bond: $40,000
  • Motorcycle, UTV, ATV, and snowmobile dealer bond: $10,000

Bonding Solutions has developed its own proprietary bond programs that offer low rates regardless of your credit score. Apply for your bond now or call us.

Why is this Idaho Motor Vehicle Dealer Bond Required?

Surety bonds are posted to ensure the public there won’t be any illegal business practices or fraud. By acquiring a bond, vehicle dealers agree to all statues and laws set in the Idaho State Code. These laws are mandated by the Idaho Transportation Department, some of which include:

  1. Fraud
  2. Operating a business without correct licensing
  3. Not giving the consumer correct information such as title and vehicle identification number
  4. Knowingly purchasing or selling any stolen vehicles

Have any questions on your surety bond? Contact us now

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

Bonding Solutions provides our clients and agents with the most reliable customer service by making the bond process quick and straightforward. Start with taking two minutes to fill out our online application or give us a call. After we receive your information, one of our bonding experts will reach out to you regarding our terms and low pricing. Once you pay for your bond, we will email and ship you your surety bond the same day!

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Additional Resources

Idaho Legislature: Title 49 Motor Vehicles 

 

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Questions?

Call us today to speak to a Surety Bond Specialist

(877) 841-6745