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Wisconsin Motor Vehicle Dealer Bond

Wisconsin Division of Motor Vehicles requires all motor vehicle dealers operating in the state to post a surety bond before conducting any business.


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What is a Wisconsin Motor Vehicle Dealer Bond?

Motor vehicle dealer bonds are mandatory to be posted in most states throughout the country. Posting this bond acts as an agreement between three parties stating that the vehicle dealer must abide by Wisconsin’s Statues and laws. This surety bond ensures the safety of any consumers if wronged due to illegal business or fraud, they can claim the dealer’s surety bond.

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Bonding Solutions | Wisconsin Motor Vehicle Dealer Bond
Bonding Solutions | Wisconsin Motor Vehicle Dealer Bond
Bonding Solutions | Wisconsin Motor Vehicle Dealer Bond

How much will my Wisconsin Motor Vehicle Dealer Bond Cost?

The pricing of a surety bond depends on the applicant’s personal credit history and other industry regulations. The Wisconsin Department of Transportation mandates that motor vehicle dealers, motor vehicle salvage dealers, motor vehicle wholesalers, recreational vehicle dealers, motor vehicle auction dealers, and moped dealers must post a surety bond before conducting business. The required bond amounts are listed below:

  • Motor Vehicle Dealer: $50,000
  • Motor Vehicle Salvage Dealer, Motor Vehicle Wholesaler, Motor Vehicle Auction Dealer, Recreational Vehicle Dealer: $25,000
  • Moped Dealer: $5,000

All motor vehicle dealer bonds are subject to underwriting. Typically the rate of surety bonds ranges from 0.5% to 10%. Bonding Solutions has helped clients and agents receive industry low pricing for over 20 years. Contact a surety expert today.

Why is this Wisconsin Auto Dealer Bond Required?

Posting a motor vehicle dealer bond in the state of Wisconsin, principals (dealers) pledge to conduct business according to Chapter 218 of the Wisconsin Statutes. A surety bond also protects the consumer from any fraud or illegal dealer activity. If a buyer is wronged by the auto dealer, a claim can be made against the dealer’s bond.

How do I get a Wisconsin Auto Dealer Bond?

Bonding Solutions makes posting your motor vehicle dealer bond easy. Take two minutes to fill out our online application or call. After we receive the application information, we will send over your free quote. Once you pay for your surety bond, we will email you a copy and ship the original to you the same day.

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Additional Resources

Wisconson Department of Transportation Dealer Bond Form

Wisconsin Dealer Bond Forms

The State of Washington Legislature 218.0145


Surety Bond List

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