MI motor vehicle dealer bonds.
$750 flat. Soft pull.
Michigan requires Class A, B, and D vehicle dealers to file a $25,000 bond with the Secretary of State under MCL 257.248. Ours is $750 flat — 3% of the bond amount, identical for every dealer. One soft credit pull, e-signed in 1–2 business days.
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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.
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 Secretary of State
Pay online and receive the executed Uniform Vehicle Dealer Surety Bond, ready to file with your dealer license application. Wet-ink originals mailed whenever the state insists.
The whole pricing page.
$25,000 bond × 3% = $750, 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
Michigan licenses motor vehicle dealers through the Secretary of State and conditions a Class A, B, or D license on a $25,000 surety bond under MCL 257.248. The bond is a consumer-and-public-protection guarantee: it indemnifies a purchaser, seller, financing agency, or governmental agency against monetary loss from fraud, cheating, or misrepresentation in the conduct of the vehicle business.
It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the State of Michigan together with harmed buyers (the protected parties). The bond covers fraud, cheating, or misrepresentation whether committed by the dealer or by an employee, agent, or salesperson.
The amount rose from $10,000 to $25,000 effective January 23, 2023 for Class A, B, and D dealers. Several classes — used vehicle parts (C), distressed vehicle transporter (E), scrap (F), foreign salvage (G), recyclers (R), and wholesale (W) — are exempt from the surety bond requirement. It is not insurance for you — if the surety pays a claim, you repay the surety.
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.
Do I pay the $25,000? +
Why is the amount $25,000 and not $10,000? +
What does the bond guarantee? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
The Secretary of State is waiting on one document.
$750 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.