Michigan Auto Dealer Bond
Get your Michigan auto dealer bond approved in minutes with a fast, simple online application.
INTRO
What Is a Michigan Auto Dealer Bond?
A Michigan auto dealer bond is required for individuals and businesses applying for a motor vehicle dealer license. This bond ensures dealers follow state laws and protects customers from financial harm.
REQUIREMENTS
Michigan Auto Dealer Bond Requirements
Michigan requires a $10,000 auto dealer bond to obtain a dealer license.
This bond is required by the
Michigan Department of State
and must be submitted as part of your dealer license application.
The bond guarantees that dealers operate in compliance with state regulations.
WHO NEEDS IT
Who Needs a Michigan Auto Dealer Bond?
used car dealers
wholesale vehicle dealers
brokers and auto sales businesses
If you plan to sell vehicles as a licensed dealer in Michigan, this bond is typically required.
COST
How Much Does a Michigan Auto Dealer Bond Cost?
Most applicants pay:
👉 $100 – $300 per year
Your rate depends on:
credit history
financial profile
FAST APPROVAL
Fast Approval
Online application takes just a few minutes
Many applicants are approved the same day
Instant delivery available for most bonds
Apply Now
Apply for Your Michigan Auto Dealer Bond Today
Get started with a fast, simple online application.
Looking for more information about dealer bonds?
Learn more about general requirements here:
👉 Auto Dealer Bond
Insurance for Auto Dealers
In addition to a bond, most dealers also need:
garage liability insurance
dealer open lot coverage
general liability
We can help you get the right coverage for your business.
Why Businesses Choose Us
Fast online approvals
Access to top-rated surety companies
Competitive rates based on credit
Licensed in multiple states
Real support when you need it
We provide Auto Dealer bonds in:
Apply for Your Surety Bond Today
Most applications take just a few minutes.
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