Connecticut motor vehicle dealer bonds.
$625 flat.
Also known as the Connecticut auto dealer bond or car dealer bond.
Connecticut requires every licensed motor vehicle dealer, repairer, or leasing/renting business to file a $60,000 bond with the DMV Dealers and Repairers Unit. Ours is $625 flat — the price you see is the checkout price, identical for every licensee. One soft credit pull; the bond is issued when you pay.
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How much does a Connecticut motor vehicle dealer bond cost?
$625 at the $60,000 amount, the same for every applicant.
Three steps to licensed.
Your 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.
Approved
Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with the DMV
Pay online and receive the executed bond on form K-158. Connecticut requires the original wet-ink bond on file, so we mail you the original to submit with your license application.
What it is and who needs it.
What the bond actually guarantees
Connecticut licenses motor vehicle dealers, repairers, and leasing businesses through the DMV Dealers and Repairers Unit, and conditions the license on a $60,000 surety bond filed on form K-158. The bond is a consumer-and-public-protection guarantee: it stands behind clear title on the vehicles you sell and your compliance with Connecticut's motor vehicle sales and repair laws.
It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the State of Connecticut together with harmed customers (the protected parties). If a dealer fails to deliver clear title, misapplies a customer's money, or otherwise violates dealer law, the harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond amount rose from $50,000 to $60,000 effective July 1, 2022, so confirm your renewal reflects the current figure. Dealers who deliver clean title and keep good records treat the bond as a license formality, not a risk.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $60,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
E-sign & file with the DMV. Pay online and receive the executed bond on form K-158. Connecticut requires the original wet-ink bond on file, so we mail you the original to submit with your license application.
What sets the price
The premium is fixed at $625 at the $60,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Connecticut requires the original bond on file, so we mail you the wet-ink original after issuance.
Start the application →Common questions.
Other Connecticut motor vehicle dealer bonds.
Not sure this is the one your license calls for? These are the other motor vehicle dealer bonds we write in Connecticut. Each has its own statute and bond amount.
Other Connecticut bonds.
The same bond in nearby states.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
The DMV is waiting on one document.
$625 flat, short application, bond issued when you pay with the original mailed. Free until issued.