Not in Connecticut? Motor vehicle dealer bonds in other states

Connecticut motor vehicle dealer bonds.
$625 flat.

Also known as the Connecticut auto dealer bond or car dealer bond.

Connecticut requires every licensed motor vehicle dealer, repairer, or leasing/renting business to file a $60,000 bond with the DMV Dealers and Repairers Unit. Ours is $625 flat — the price you see is the checkout price, identical for every licensee. One soft credit pull; the bond is issued when you pay.

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Required for your CT dealer, repairer, or leasing license — new applicants and renewals through the DMV
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Fixed amount, fixed price — $60,000 bond, $625, no quote theater
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Soft credit pull only — never affects your score, and the price stays $625 either way
A-ratedA.M. Best carriersInstantissued the moment you pay1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps to licensed.

Your dealer license is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

E-sign & file with the DMV

Pay online and receive the executed bond on form K-158. Connecticut requires the original wet-ink bond on file, so we mail you the original to submit with your license application.

About this bond

What it is and who needs it.

What the bond actually guarantees

Connecticut licenses motor vehicle dealers, repairers, and leasing businesses through the DMV Dealers and Repairers Unit, and conditions the license on a $60,000 surety bond filed on form K-158. The bond is a consumer-and-public-protection guarantee: it stands behind clear title on the vehicles you sell and your compliance with Connecticut's motor vehicle sales and repair laws.

It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the State of Connecticut together with harmed customers (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. The bond amount rose from $50,000 to $60,000 effective July 1, 2022, so confirm your renewal reflects the current figure. Dealers who deliver clean title and keep good records treat the bond as a license formality, not a risk.

C.G.S. 14-52 (DMV form K-158)Connecticut General Statutes Chapter 246, Section 14-52 conditions a motor vehicle dealer, repairer, limited repairer, or leasing/renting license on a surety bond filed with the Commissioner of Motor Vehicles on form K-158. The penal sum is $60,000 for dealers (raised from $50,000 effective July 1, 2022). Confirm the amount on your DMV application — some repairer and limited classifications carry a different figure, and we'll match what your license requires.

You need this bond if you're

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Applying for a CT dealer license — new, used, or wholesale
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Licensed as a repairer or limited repairer that the DMV ties to a bond filing
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Running a leasing or renting business under DMV licensure
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Renewing your license and your current bond is expiring or non-renewing

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Connecticut requires the original bond on file, so we mail you the wet-ink original after issuance.

Start the application →
FAQ

Common questions.

Do I pay the $60,000?No. You pay $625 — the flat price our carrier sets for this bond. The $60,000 is the surety's maximum liability to the state and harmed customers; it's not a deposit, and nobody holds your money.
Who requires this bond?The Connecticut DMV Dealers and Repairers Unit requires it as a condition of a motor vehicle dealer, repairer, or leasing license, under C.G.S. 14-52, filed on form K-158. No active bond, no license.
Why is the amount $60,000 now?Connecticut raised the dealer bond from $50,000 to $60,000 effective July 1, 2022. If you are renewing an older $50,000 bond, the DMV now expects the $60,000 figure — confirm on your application and we issue at the current amount.
Is there a credit check?Yes — one soft credit pull, which never affects your score. It's the only extra step beyond the application, and it informs approval, not price. The price is $625 either way: credit can affect whether we approve the bond, never what it costs.
Do I need the original bond?Yes. Connecticut requires the original wet-ink bond on file with the DMV. We email the executed copy and mail you the original to submit with your license application.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Connecticut bonds.

The DMV is waiting on one document.

$625 flat, short application, bond issued when you pay with the original mailed. Free until issued.

Your price$625
Apply now →