Bond cost index
Motor Vehicle Dealer Bond Cost
Motor vehicle dealer bonds, also called auto dealer bonds, guarantee that a licensed dealer will follow state motor vehicle law and deal honestly with buyers, lenders, and the motor vehicle department.
How much does a motor vehicle dealer bond cost?
A motor vehicle dealer bond amount typically ranges from $10,000 to $100,000 depending on the state. Premium runs about 1% to 15% of the bond amount per year, set by underwriting based on credit and financials. Standard credit lands near the low end.
Data as of 2026-06-17. Methodology v1.
Bond amount and premium by state
| State | Bond amount | Premium rate band | Estimated annual premium |
|---|---|---|---|
| Alabama | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Alaska | $100,000 | 1% to 15% | $1,000 to $15,000/yr |
| Arizona | $100,000 | 1% to 15% | $1,000 to $15,000/yr |
| Arkansas | $25,000 | 1% to 15% | $250 to $3,750/yr |
| California | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Colorado | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Connecticut | $60,000 | 1% to 15% | $600 to $9,000/yr |
| Delaware | $25,000 | 1% to 15% | $250 to $3,750/yr |
| District of Columbia | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Florida | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Georgia | $35,000 | 1% to 15% | $350 to $5,250/yr |
| Hawaii | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Idaho | $20,000 | 1% to 15% | $200 to $3,000/yr |
| Illinois | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Indiana | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Iowa | $75,000 | 1% to 15% | $750 to $11,250/yr |
| Kansas | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Kentucky | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Louisiana | $20,000 | 1% to 15% | $200 to $3,000/yr |
| Maine | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Maryland | $5,000 | 1% to 15% | $100 to $750/yr |
| Massachusetts | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Michigan | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Minnesota | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Mississippi | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Missouri | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Montana | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Nebraska | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Nevada | $100,000 | 1% to 15% | $1,000 to $15,000/yr |
| New Hampshire | $25,000 | 1% to 15% | $250 to $3,750/yr |
| New Jersey | $10,000 | 1% to 15% | $100 to $1,500/yr |
| New Mexico | $50,000 | 1% to 15% | $500 to $7,500/yr |
| New York | $20,000 | 1% to 15% | $200 to $3,000/yr |
| North Carolina | $50,000 | 1% to 15% | $500 to $7,500/yr |
| North Dakota | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Ohio | $75,000 | 1% to 15% | $750 to $11,250/yr |
| Oklahoma | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Oregon | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Pennsylvania | $20,000 | 1% to 15% | $200 to $3,000/yr |
| Rhode Island | $50,000 | 1% to 15% | $500 to $7,500/yr |
| South Carolina | $30,000 | 1% to 15% | $300 to $4,500/yr |
| South Dakota | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Tennessee | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Texas | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Utah | $75,000 | 1% to 15% | $750 to $11,250/yr |
| Vermont | $20,000 | 1% to 15% | $200 to $3,000/yr |
| Virginia | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Washington | $30,000 | 1% to 15% | $300 to $4,500/yr |
| West Virginia | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Wisconsin | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Wyoming | $25,000 | 1% to 15% | $250 to $3,750/yr |
These are estimated ranges, not quotes. Final premium is set by underwriting and depends on the bond amount, your credit and financials, the bond class, and the obligee. A firm number takes a short application.