Kentucky Auto Dealer Bond
Auto, Motorcycle, and truck dealers must be licensed with the state. Trailer dealers are not required to be licensed. To qualify for a license the dealer must have an established place of business and a business name which identifies them as a vehicle dealer.
Dealers must have at least one licensed salesperson per location. Use tax must be paid for any new vehicles sold
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Dealer License Fees:
- $100 annually
Kentucky Dealer Surety Bond
A $15,000 auto dealer bond may be required (dependent on state determination)
- Bond: Motor Vehicle Dealer Bond
- Obligee: Motor Vehicle Commission
- Obligee Address: 105 Seahorse Road, Suite 1, Frankfort, Kentucky 40601
- Required Expiration Date of Dealer Bond: N/A
- Surety Bond: Not Continuous, Requires Continuation Certificate
- Bond Form Revision Date: N/A
Bad Credit Program for Auto Dealers
Kentucky MVD’s with a 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 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.