Missouri Dealer Bond Overview
- Purpose: To protect dealership consumers from financial harm
- Who Needs It: All motor vehicle dealers in Missouri
- Regulating Body: The Missouri Department of Revenue, Motor Vehicle Bureau
- Bond Amount: $50,000 for standard dealers, $100,000 if delivering vehicles to the purchaser
- Minimum Price: 0.5–10% of the bond amount, credit-based
What Is a Missouri Motor Vehicle Dealer Bond?
A Missouri vehicle dealer bond is a financial security that protects the state and customers if a dealer breaks license regulations.
The Missouri Department of Revenue – Motor Vehicle Bureau (MVB) requires all vehicle and trailer dealers to have a minimum $50,000 surety bond.
Who Needs a Dealer Bond?
Individuals who sell eight or more vehicles or six or more trailers, powersports, or boats per year must file a surety bond.
The following types of dealers must be licensed and bonded before working in the state:
- Used motor vehicle dealer
- Wholesale motor vehicle dealer
- Franchised motor vehicle dealer
- New powersport dealer
- Used powersport dealer
- Boat dealer
- Emergency vehicle dealer
- Trailer dealer
There is also a separate, local bond requirement for Springfield, MO auto dealers.
What Are the Coverage Requirements?
A $50,000 bond is required for standard motor vehicle dealers, powersport dealers, boat dealers, emergency vehicle dealers, and trailer dealers.
A $100,000 bond is required for dealers who deliver vehicles to a buyer with an agreement to transfer the title within 30 days.
How Much Do Motor Vehicle Dealer Bonds Cost in Missouri?
The standard $50,000 Missouri dealer bond costs $250–$875 per year based on personal credit history. You can save 25% by selecting a multi-year term.
The $100,000 bond for dealers that deliver vehicles to purchasers starts at $500. Apply for your free quote now.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Missouri Motor Vehicle Dealer Bond Work?
This type of surety bond creates a legal contract between three parties.
| Bond Party | Description |
|---|---|
| 1) Principal | The dealer filing the bond |
| 2) Obligee | The Missouri Department of Revenue – Motor Vehicle Bureau – Dealer Licensing Section |
| 3) Surety | The issuing surety provider |
As the bonded principal, you promise to follow all license laws and regulations. If you cause harm, the bond holds you financially responsible for repaying damages.
How Do I Get a Motor Vehicle Dealer Bond in Missouri?
To get your dealer bond, follow these quick steps:
- Apply: Submit a quote request form. We’ll get back to you within one business day or less.
- Purchase: Provide any information, if requested. Sign and complete the bond purchase.
- File: Receive the bond via email. Submit it to the MVB Dealer Licensing Section as instructed.
How Do I Renew My Bond?
You must renew your Missouri motor vehicle dealer bond before its current term expires. When you work with SuretyBonds.com, we’ll provide reminders before your bond expires. Simply pay the renewal invoice to extend coverage for another year.
How Do I Change My Bond Information?
If the MVB requires an update to your bond information, contact your surety provider. If you purchased your Missouri surety bond from SuretyBonds.com, email [email protected] to explain the needed change.
How to Get a Car Dealer License in Missouri
The Missouri Department of Revenue oversees vehicle dealer licensing. You'll need to submit the following documents to apply for a Missouri auto dealer license online.
- Photos of the building, lot, and sign
- Inspection and Certification for Business License
- Certificate of dealer educational seminar completion
- Franchise agreement
- Missouri motor vehicle dealer bond
- Garage liability policy (does not apply to trailer, auction, or manufacturers)
- Mail-to letter signed by the post office (if your mailing address is different from your physical address)
- Fees
- Criminal record
Learn more about How To Get A Missouri Auto Dealer License in our comprehensive guide.
