Colorado Motor Vehicle Dealers
Car, truck, motorcycle and trailer dealers must be licensed in the state of Colorado. Boat, special mobile equipment and off road vehicles dealers do not require licensure.
Applicants must:
- Pass a written exam
- Complete and application
- Submit Financials
- Have an approved business location
- pass a criminal background check
Dealer License Fees:
- Fees are adjusted annually
- Licenses must be renewed annually
Colorado Dealer Surety Bond
A $30,000 Auto Dealer Surety Bond must be submitted at time of application.
- Bond: Motor Vehicle Dealer Bond, Auto Salesperson Bond
- Obligee: Department of Revenue - Auto Industry Division
- Obligee Address: 1881 Pierce Street, #142, Lakewood, Colorado 80214
- Required Expiration Date of Dealer Bond: N/A
- Surety Bond: Bond is Continuous, it does not require a Continuation Certificate
- Bond Form Revision Date: 11/2007
Bad Credit Program for Auto Dealers
Do to the stacking language on the Colorado bond form, auto dealers that would qualify for the standard market in most other states my be placed in the high risk market for this bond. Dealers with low credit scores, or public records on their personal credit report (Bankruptcy, Liens, Collection, or Civil Judgments) may find a difficult time getting bonded. Bryant Surety Bonds, Inc offers a Bad Credit Surety Bond Program that is specially tailored to your needs and can get you approved. This program is available for all high risk Auto Dealers.
*Information for state licensing is provided as a guide, always verify with the state that the information is correct.How to apply:
1.) Visit the commercial application page.2.) Complete our online application.
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