Tennessee Code Annotated § 55-17-111 conditions a motor vehicle dealer license on a corporate surety bond of at least $50,000, in force for the benefit of any person who suffers loss from the dealer failing to deliver valid, lien-free title or failing to remit a retail customer's prepaid title, registration, fees, or taxes. The statute provides that a letter of credit is not acceptable in place of the surety bond, and the bond runs a two-year term tied to the license cycle.

What the bond actually guarantees

You need this bond if you're

Your dealer bond application is in review — most clear within 1–2 business days, and an underwriter reaches out within 48 hours if anything else is needed. Watch your inbox.

$1,000 flat for Tennessee's $50,000 motor vehicle dealer bond, required by the Motor Vehicle Commission under Tenn. Code Ann. § 55-17-111. Issued instantly.

Motor Vehicle Dealer Bond ($50,000)

Tennessee - NEW Motor Vehicle Dealer ($50,000)

Final premium can vary based on underwriting factors

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Clear pricing.Instant issuance.