Idaho Auto Dealer Bonds, and More

Idaho auto dealer bonds are required to obtain a license to sell motor vehicles in the state. Learn more about these bonds and find the best rates online.
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Idaho Auto Dealer Bonds, and More

State of Idaho Motor Vehicle or Vessel Dealer Bond

State of Idaho Motor Vehicle or Vessel Dealer Bond

The Idaho Motor Vehicle or Vessel Dealer Bond starts at $400 plus shipping costs and fees. Fill out the form to buy your bond instantly!

Bond State
Bond Terms
State of Idaho
Bond Premium
Bond Amount:
Bond Duration
Bond Term:
12 months

How much does an auto dealer bond cost in Idaho?

Auto dealer surety bonds (also called motor vehicle dealer bonds) are mandated by the Idaho Transportation Department as part of the licensing requirements for dealerships to conduct business in the state. The Transportation Department sets the total bond amount based on the type of dealership:

  • $40,000 bonds for wholesale only dealers
  • $20,000 bonds for retail dealers
  • $10,000 bonds for motorcycle, ATV, UTV, and snowmobile dealers

The surety company determines your premium rate, which is the percentage of the total bond amount you pay as the premium. Premium rates for Idaho auto dealer bonds typically cost between 1% and 3% of the total bond amount.

During the application process, the surety company evaluates your personal credit, financial statements, industry experience, and licensing history. Applicants with good credit generally receive the lowest rates, however, bad credit will not prevent you from securing an Idaho auto dealer bond. EZSurety still offers competitive rates to individuals with low credit scores or other financial issues.

Why are auto dealer bonds important in Idaho?

Idaho auto dealer bonds provide protection for customers, creditors, and the state government. When an Idaho motor vehicle dealer posts a surety bond, they provide a guarantee to the bond's Obligee (the Transporation Department) that they will conduct business in compliance with the conditions listed in the Idaho Code.

If the auto dealer fails to comply with the conditions, the surety company will pay out financial losses to damaged parties up to the full bond amount. The auto dealer is liable to reimburse the surety for any damages paid under the bond.

How to get your auto dealer license in Idaho

To obtain your auto dealer license in Idaho, you must meet the Idaho Transportation Department licensing requirements by completing the following steps:

  • Complete the application for dealer licensing
  • Post the appropriate surety bond
  • Provide a personal history form for each owner
  • Provide proof of garage liability insurance
  • Meet all zoning requirements
  • Pay all application and licensing fees

Additional Resources

How to Know if You Need a Surety Bond

You’ll know if you need a surety bond because some entity will have required you to obtain one. They must also inform you of which specific bond type you’ll need. There are thousands of bonds across the country, all of which vary by state and industry.

Visit to browse hundreds of bonds by state, type, or industry.

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