Colorado requires every licensed used motor vehicle dealer to file a $50,000 bond with the Auto Industry Division. Ours is $400 flat — set by our carrier for this bond, identical for every dealer. A quick soft credit check may apply — never a hard inquiry — e-signed in 1–2 business days.
















Your used dealer license is waiting on this bond. Here's the entire process — no broker phone tag:
Business details, owner information, effective date. That is the application — a quick soft credit check may run as part of it, never a hard inquiry.
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. Any credit check is a soft pull that never affects your score.
Pay online and receive the executed bond (form DR 2830) ready to file with your used dealer license application. Wet-ink originals mailed whenever the state insists.
Colorado licenses used motor vehicle dealers through the Department of Revenue's Auto Industry Division and Motor Vehicle Dealer Board, and conditions the license on a $50,000 surety bond. The bond is a consumer-and-public-protection guarantee: it stands behind clear title on the used vehicles you sell and your compliance with Colorado's motor vehicle sales laws.
It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the State of Colorado together with harmed buyers (the protected parties). If a dealer fails to deliver clear title, misapplies a customer's money, or otherwise violates dealer law, the harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Dealers who deliver clean title and keep good records treat the bond as a license formality, not a risk.
These are the actual underwriting fields. A quick soft credit check may run as part of underwriting — never a hard inquiry. Submit once and your bond is typically issued within 1–2 business days.
Start the application →$400 flat, short application, e-signed bond in 1–2 business days. Free until issued.