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Alaska Motor Vehicle Dealer or Buyer’s Agent Surety Bond

Who needs an Alaska Vehicle Dealer Bond?

All licensed motor vehicle dealers are required to maintain an Alaska Motor Vehicle Dealer or Buyer’s Agent Surety Bond by the State of Alaska Division of Motor Vehicles. The bond is required as part of your dealer license application.


Why is the Alaska Vehicle Dealer Bond required?

The Alaska Motor Vehicle Dealer or Buyer’s Agent Surety Bond helps ensure that dealers conduct business ethically and lawfully.


How do I know this is the required bond for my business?

You may have heard this bond referred to as an Alaska Motor Vehicle Dealer License Surety Bond, Alaska DMV Bond, Dealer Bond, Dealer License Bond, Car Dealer Bond or Auto Dealer Bond. While people use many names, they refer to the same bond. Bond requirements will vary depending your business’ profile. Our online order process automatically applies the correct forms and requirements based on the information you provide.

General Questions
What is a surety bond? 
What is a surety bond?

A surety bond is a three-party agreement among a principal, an obligee, and a surety.

The bond formalizes the principal's obligation to the obligee. The surety guarantees that the principal will fulfill their obligation.