CO wholesale auction bonds.
$1,500 flat. Soft pull.
A wholesale motor vehicle auction dealer runs the dealer-only auctions where licensed dealers buy and sell — and must file a $50,000 bond with the Auto Industry Division. Ours is $1,500 flat — 3% of the bond amount, identical for every operator. One soft credit pull, e-signed in 1–2 business days.
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Three steps to licensed.
Your auction dealer license is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
E-sign & file with the Auto Industry Division
Pay online and receive the executed bond (form DR 2830) ready to file with your auction dealer license application. Wet-ink originals mailed whenever the state insists.
The whole pricing page.
$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
A wholesale motor vehicle auction dealer operates the dealer-only auctions where licensed dealers and wholesalers buy and sell inventory. The Auto Industry Division licenses these operators and conditions the license on a $50,000 surety bond, the same amount as a retail dealer.
The bond is a title-and-compliance guarantee: it stands behind the auction's handling of title and funds and its compliance with Colorado's motor vehicle laws. It's a three-party arrangement among you (the principal), the surety, and the State of Colorado together with the dealers and parties who could be harmed by a failure.
It is not insurance for you — if the surety pays a claim, you repay the surety. Auctions that pass clean title and account for funds treat the bond as a license formality, not a risk.
You need this bond if you're
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
What is a wholesale motor vehicle auction dealer? +
Do I pay the $50,000? +
What does the bond guarantee? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
The Auto Industry Division is waiting on one document.
$1,500 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.