Utah MVD Bond

Utah MVD Bond

Utah MVD Bond


Apply »


What is an Utah Car Dealer Bond? 


Utah Car Dealer Bonds are required by the People of the State of Utah to obtain your Dealer license. The MVD Bond amount for the sale of New and used vehicles is set at $75,000.  The Auto Dealer bond ensures that the principal shall comply with the conditions of any contract made by such licensee in connection with the sale or exchange of any motor vehicle and shall not violate any of the provisions of law relating to the conduct of the business for which it is licensed.



The State requires a Car Dealer bond for each license you hold:  

$75,000 surety bond for New and Used Motor Vehicle Dealers, Public Consignment Auction Dealers and for any other types of dealer

$10,000 surety bond for motor vehicle inspection station



Different parts of a bond:


 There are 3 parts to a MVD surety bond. The Principal "YOU", The Surety Company, and the Obligee. The Principal is the business or individual applying for the MVD Surety Bond. The Obligee  is the individual or entity requiring the Surety Bond and the Surety Company is the company who provides the Surety Bond coverage.


Try our 100%  Secure MVD Bond Online Application to get the Lowest Lost title bond rates in all 50 States.



Program:


You can buy your Utah Car Dealer bond (Apply) online immediately


Utah MVD Bond Information and Requirements:


Dealers must file a corporate surety dealer bond with MVED.

  • New or used motor vehicle or large trailer dealers — $75,000
  • Motorcycle or small trailer dealers — $10,000         
Small trailers are trailers between 750-1,999 lbs. unladed weight.


Apply »