Not in Wyoming? Motor vehicle dealer bonds in other states

Wyoming motor vehicle dealer bonds.
$250 flat.

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

Wyoming requires every licensed motor vehicle dealer to file a $25,000 bond with WYDOT Motor Vehicle Services. Ours is $250 flat — set by our carrier's rate book for this bond, identical for every dealer. One soft credit pull; the bond is issued when you pay.

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Required for your WY dealer license — new applicants and renewals through WYDOT Motor Vehicle Services

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Fixed amount, fixed price — $25,000 bond, $250, no quote theater

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A quick soft credit check may apply — never a hard inquiry, no impact on your score, and the price stays $250 either way

A-ratedA.M. Best carriersInstantissued the moment you pay1–3 yrterms available

Trusted by industry leaders

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 WYDOT

Pay online and receive the executed bond on WYDOT's prescribed form, ready to file with your dealer license application. WYDOT advises waiting until your application is approved before the bond takes effect — set the effective date accordingly, and we'll work with you on timing.

About this bond

What it is and who needs it.

What the bond actually guarantees

Wyoming licenses motor vehicle dealers through WYDOT Motor Vehicle Services, and conditions the license on a $25,000 surety bond. The bond is a consumer-and-public-protection guarantee: it stands behind your compliance with Wyoming's motor vehicle dealer laws and protects buyers and the state from loss if you don't meet your obligations.

It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the State of Wyoming 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. The bond renews with your license, and we track it so it never lapses out from under you.

W.S. 31-16-103 (WYDOT Motor Vehicle Services)Wyoming motor vehicle dealers are licensed by WYDOT Motor Vehicle Services under W.S. 31-16-103, which conditions the dealer license on a $25,000 surety bond filed on the form WYDOT prescribes. A dealer license is generally required of anyone selling three or more vehicles in a 12-month period. WYDOT advises applicants not to put the bond in force until the department has approved the license application — confirm the effective date on your approval notice.

You need this bond if you're

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Applying for a WY dealer license — new, used, wholesale, or powersports

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Renewing your dealer license and your current bond is expiring or non-renewing

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Selling three or more vehicles in a 12-month period, which triggers the license requirement

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Moving to Wyoming from another state and getting licensed here

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.

Start the application →

FAQ

Common questions.

Do I pay the $25,000?No. You pay $250 — the fixed price for this bond. The $25,000 is the surety's maximum liability to the state and harmed buyers; it's not a deposit, and nobody holds your money.

Who requires this bond?WYDOT Motor Vehicle Services requires it as a condition of a Wyoming motor vehicle dealer license, under W.S. 31-16-103. No active bond, no license.

What does the bond guarantee?That you follow Wyoming dealer law — deliver clear title, handle customer funds properly, and meet your obligations as a licensed dealer. If you fail to and someone is harmed, they can claim against the bond, and if the surety pays, you repay the surety.

Is there a credit check?Yes — a quick soft credit check may apply. It's never a hard inquiry and it won't affect your score. It's the only extra step beyond the application, and it informs approval, not price. The price is $250 either way: credit can affect whether we approve the bond, never what it costs.

When should the bond take effect?WYDOT advises new applicants not to put the bond in force until the department has approved the license application. Set your effective date for after approval — send us your timing and we'll line it up so you don't pay for coverage before you can use it.

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 Wyoming bonds.

WYDOT is waiting on one document.

$250 flat, short application, bond issued when you pay. Free until issued.

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Your price$250

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