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Washington, D.C. Motor Vehicle Dealer Bond

How much does an auto dealer bond cost in Washington, D.C.?

The Washington Department of Consumer and Regulatory Affairs and the Department of Motor Vehicles require that individuals who buy, sell, exchange, or otherwise deal in motor vehicles post $25,000 surety bonds.

These bonds run concurrently with the 2-year dealer license term, so premiums are calculated for 2 years of coverage. Pricing is subject to underwriting consideration, which means your premium will be based on a review of your personal credit report. Don’t let less-than-stellar credit stop you from applying! SuretyBonds.com offers an exclusive Bad Credit Bonding Program that can approve 99% of applicants. Request your approval today!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Motor Vehicle Dealer Bond 2-year term $25,000 Starts at $500 $2,500-$5,000 $5,000+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

We can provide your free, no-obligation bond quote within 1 business day of submitting your application. Call 1 (800) 308-4358, or click here to connect with an auto dealer bond expert now!

Why do I need this bond?

By posting a District of Columbia motor vehicle dealer surety bond, principals (motor vehicle dealers) pledge to work according to the statutes outlined on the bond form. These bonds protect consumers harmed by a dealer’s unlawful business practices. If a valid claim is made against the bond, the surety will pay reparations up to the bond amount. The principal must always reimburse the surety for any damages paid out.

For more information about auto dealer bonds in Washington, D.C., contact a surety expert online now.

What’s the fine print?

Washington, D.C. motor vehicle dealer bonds are biennial bonds and must be renewed to remain valid. The names of all owners, officers and/or partners must be listed on the bond form.

Your bond term should run concurrently with your motor vehicle dealer license term.

How to become a motor vehicle dealer in Washington DC

Posting your D.C. auto dealer bond is the first step toward becoming a licensed motor vehicle dealer. To be eligible for licensure, applicants must submit an application packet to the department along with the following items:

  • corporate registration
  • corporate resident agents
  • trade name(s)
  • basic business application
  • clean hands self-certification
  • registered tax number
  • certificate of occupancy

Take the first step toward becoming licensed in Washington D.C. by purchasing your auto dealer bond from the experts at SuretyBonds.com!

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Department of Consumer And Regulatory Affairs: Motor Vehicle Dealer Bond

Department of Consumer And Regulatory Affairs: Get a Motor Vehicle Dealer License

Department of Consumer And Regulatory Affairs: Department of Motor Vehicles Dealer Services

DC Municipal Regulations: Chapter 18-5 (Motor Vehicle Dealers)

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