Colorado requires every licensed motor vehicle or powersports salesperson to file a $15,000 bond with the Auto Industry Division. Ours is $450 flat, which is 3% of the bond amount. The application is five minutes, with no credit check on this bond.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.
Fixed-amount license bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond (form DR 2831) arrives by email, ready to file with your salesperson license application. Wet-ink original mailed on request.
$15,000 bond × 3% = $450, one-time per term. Fixed amount, fixed price, multi-year if you want it.
Colorado licenses motor vehicle and powersports salespeople through the Department of Revenue's Auto Industry Division and the Motor Vehicle Dealer Board. Before a salesperson license issues, the applicant must file a $15,000 surety bond (or an equivalent deposit) approved as to form by the attorney general.
The bond is a consumer-protection guarantee: it is a three-party arrangement between you (the principal), the surety, and the state and harmed buyers as the protected parties. If a salesperson violates Colorado’s vehicle sales laws and a buyer is harmed, the buyer can recover against the bond.
It is separate from the dealer's $50,000 bond. The salesperson bond covers you individually; the dealership carries its own bond. The surety's aggregate liability for any one license year is capped at $15,000 — and if the surety pays a claim, you repay the surety.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$450 flat, five-minute application, bond often issued in the same sitting. Free until issued.