Illinois Motor Vehicle Dealer Bond - Bonding Solutions

Illinois Motor Vehicle Dealer Bond

Any person who sells 5 or more vehicles during a calendar year in the state of Illinois is required to obtain a surety bond as part of their 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
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  • Quickest Approvals
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What is a Bond Illinois Motor Vehicle Dealer Bond?

Becoming a licensed auto dealer in Illinois has multiple requirements. A surety bond falls under that umbrella, this bond is a contract that ensures the public that they will not be a victim of any illegal business done by the licensed motor vehicle dealer. Any consumer who is illegally harmed by a dealership can file a claim against this bond.

The state law of Illinois decides who is required to have a surety bond the law states any auto dealer or any person that sells motor vehicles, trailers, or motorcycles must post a motor vehicle dealer bond. Bonding Solutions has provided businesses with surety bonds for over 20 years. Contact us now to get your bond. 8778416745




Additional Resources

Illinois General Assembly: Senate Bill 1556

Illinois Compiled Statues (625 ILCS5/) Illinois Vehicle Code

Illinois Vehicle Code Chapter 4