Get an IADAC Auto Dealer Bond
Welcome members of the Independent Auto Dealers Association of California! If you need to get an auto dealer bond in California, you've come to the right spot.
At SuretyBonds.com, we know the bonding process might seem confusing at times. We want to make it easier for you to get a California auto dealer bond, so our surety specialists are here to answer any questions you might have.
Why do I need an auto dealer bond?
Before you get an auto dealer license in California, the Department of Motor Vehicles requires you to file proof of financial stability that fits your line of work. Under California Vehicle Code Section 1171, California auto dealers might need one of three different auto dealer bonds.
- $50,000 Surety Bond of Dealer (form OL 25)
- $50,000 Surety Bond of Vehicle Remanufacturer (form OL 25A)
- $10,000 Surety Bond of Motorcycle Dealer, Motorcycle Lessor-Retailer, All Terrain Vehicle Dealer, or Wholesale-Only Dealer [fewer than 25 vehicles per year] (form OL 25B)
Most auto dealers need the the first option, which is California's general auto dealer bond form. If you're unsure which California surety bond form you need, contact the Department of Motor Vehicles at (916) 657-8871.
How much does an auto dealer bond cost in California?
Because the surety specialists at SuretyBonds.com are brokers, we can find some of the lowest surety bond premiums available for your auto dealer bond. Your exact rate will vary depending on the bond you need and your application.
If you're applying for a $50,000 auto dealer bond, you could pay a one year premium that's just $575. If you need the $10,000 bond, your premium could be as small as $100. The best way to determine your surety bond cost is to apply for the bond and receive a free surety bond price quote.
Will my credit affect my ability to get an auto dealer bond?
SuretyBonds.com can place bonds with 99% of applicants regardless of their credit. Our surety specialists work with markets that specialize in writing bonds for applicants that don't qualify for the standard market. Your specialist will give you the most competitive rate offered by our underwriters no matter your credit history. Don't let your credit keep you from getting an auto dealer license in California.
How do I get a California auto dealer bond?
Getting a California auto dealer bond through SuretyBonds.com is quick and easy. Contact a surety specialist directly by calling 1 (800) 308-4358 Monday through Friday between 8 a.m. and 7 p.m. CST. You can also submit an online contact form 24/7, and a surety specialist will contact you as soon as possible. Your surety specialist will get you a free price quote within one business day of your application.
Once you approve the premium, your surety specialist will issue your bond. You'll receive a copy of the bond via e-mail, and you'll receive the original bond via post. If you're in a time crunch, you can choose our overnight shipping option and have the bond in your hands the day after it's issued. You'll then file the original bond with the California Department of Motor Vehicles before you can receive your auto dealer license.


