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:
Wyoming mandates that all motor vehicle dealers operating within the state must post a surety bond before conducting any business. After posting this bond, the dealer agrees to abide by the state’s statutes and laws. This specific auto dealer bond provides the consumer with the reassurance that they won’t be wronged due to illegal business or fraud commited by the dealer.
The Motor Vehicle Services division of the Wyoming Department of Transportation requires new or used cars, trucks, or mobile home dealers to post an auto dealer bond before conducting any business. Pricing of a motor vehicle dealer bond is shown below:
Dealers do not pay the full bond amount but only a percentage based on the applicant’s personal credit. Typically, auto dealers pay 0.5% to 10% of the full $25,000. Bonding Solutions provides programs that allow clients and agents to receive industry-low rates on motor vehicle dealer bonds. Get a free quote today.
Motor Vehicle Dealer Bonds are required to assure the public that the licensed dealer will operate according to Wyoming’s licensing laws and statutes. The bond protects the consumer in the event the licensed dealer commits fraud or any illegal activity.
Bonding Solutions makes the application process straightforward and simple. Start by taking our two-minute online application or call. We will then provide you a free quote on your motor vehicle dealer bond. After you pay for your surety bond, we will email and send you your bond same day.Get Started