The Colorado Motor Vehicle or Powersports Vehicle Salesperson Bond is a type of surety bond required by the State of Colorado, Department of Revenue for any person looking to sell motor or powersports vehicles. The bond amount required is $15,000, and the cost to obtain this bond is generally around 1% of this bond amount.
How to get a Colorado Motor Vehicle or Powersports Vehicle Salesperson Bond
At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:
- Complete the easy to navigate and secure online application. 1
- Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
- Sign some paperwork and pay the bond premium
Once these steps have been completed, the Colorado Motor Vehicle or Powersports Vehicle Salesperson will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.
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How to Obtain the Salesperson License
A powersports vehicle can refer to an off-highway vehicle, a personal watercraft, or a snowmobile, as stated by the Colorado Statutes. Per the requirements of the CO Department of Revenue, any such salesperson must be licensed. The requirements to obtain a license (which can also be found on the CO Department of Revenue website) are as follows:
Apply online today to get your free, no-obligation quote!
- License Fee
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Certified Court Documents (If applicable)
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Other Documents the Applicant feels would be useful to the Colorado Motor Vehicle Dealer Board
- A Colorado Bond of Vehicle or Powersports Salesperson – a photocopy may be submitted
The information provided above is for general informational purposes only and does not constitute legal advice. Do not rely solely on the information presented here as a substitute for professional legal counsel.
How to Get Your Colorado Motor Vehicle or Powersports Vehicle Salesperson Bond
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.