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Montana Vehicle Dealer Bond

Who needs a Montana Vehicle Dealer Bond?

All licensed motor vehicle dealers are required to maintain a Montana Vehicle Dealer Bond by the State of Montana Vehicle Services Bureau. The bond is required as part of your dealer license application. This requirement applies to new motor vehicle dealers, new and used dealers, used vehicle dealers, brokers, wholesalers, auto auctions, manufactured dwelling dealers, motorcycle or quadricycle dealers, motorboat, personal watercraft, snowmobile and off-highway vehicle dealers.

Why is the Montana Vehicle Dealer Bond required?

The Montana Vehicle Dealer 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 a Montana Motor Vehicle Dealer License Surety Bond, Montana 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.