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Missouri Motor Vehicle Dealer Bond

Bond Requirements and Online Application

Motor vehicle dealers are required to post a Missouri Motor Vehicle Dealer Bond as part of the process to license the dealership. The amount of the bond depends on what type of vehicles are to be sold, the amount of vehicles you plan to sell, and other factors. Read our Car Dealer License Guide to learn more about how to get your dealership licensed and bonded.

Missouri motor vehicle dealer bond

About the Missouri Motor Vehicle Dealer Bond

  • Required by: Missouri Department of Revenue
  • Minimum Bond Amount: $25,000
  • Maximum Bond Amount: Varies
  • Valid: Continuous – Renewable

The price for the bond, also known as the bond premium, is only a small fraction of the bond amount.

Since this bond is continuous, it remains in full force and effect until cancelled. If the bond is cancelled, a written notice of cancellation must be submitted to the Missouri Department of Revenue. Bond cancellation comes into effect 30 days after the Department receives the cancellation notice.

This bond guarantees the principal will abide by all Missouri state laws and regulations.

Vehicle dealers that must be bonded include: power sport dealers , trailer dealers, new motor vehicle franchised dealers, boat dealers, wholesale motor vehicle dealers, and used motor vehicle dealers.

The applicant should verify the bond amount with the obligee before applying for the bond to ensure the bond amount is correct.

Licensing

Surety1 is not directly involved with the licensing process, but we’ve compiled this information which may helpful for you.

State licensing fees and requirements:

  • Surety bond
  • License application
  • Supporting application documents
  • $12 background check fee
  • Proof of insurance
  • Register business name – $7 fee
  • Business location inspection
  • Copy of factory franchise agreement
  • Factory franchise trade names and expiration date

All licensing fees are required by the obligee, not the surety company.

For more licensing information, visit Missouri’s official website.

How do I get a free quote for a Missouri Motor Vehicle Dealer Bond?

Its easy, simply click here to access our easy to navigate, online application. Then, usually within 1 business day, an agent will get in touch with you with a frim quote for your bond. Then, make payment and sign some important paperwork and your bond will be shipped. Overnight shipping is available for a nominal additional fee.

Surety Solutions Insurance Services, Inc. (Surety1) has been providing surety bonds in  Missouri since 2003. The company has an A+ rating by the Better Business Bureau and represents over a dozen “A” rated surety markets.

 

How to Get Your Missouri Motor Vehicle Dealer Bond

1. Complete an online application. It's free and no-obligation. 2. One of our surety experts will contact you with a firm quote and an agreement to sign. 3. Provide payment and your signed agreement, and then you will receive your Missouri Motor Vehicle Dealer Bond!   If you have any questions, please call us at 877-654-2327.
HOW TO GET BONDED
1. Apply Online Using our Free & Secure Application 2. Get Your Free Quote Applications are No-Obligation 3. Get Your Bond Most Bonds are Approved in 1-2 Business Days

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