WI auction dealer bonds.
$750 flat. Soft pull.
Wisconsin licenses motor vehicle auction dealers through WisDOT under Chapter 218, and conditions the license on a $25,000 bond filed on form MV2511. Ours is $750 flat — 3% of the bond amount. One soft credit pull, e-signed in 1–2 business days.
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Three steps to licensed.
Your WisDOT auction dealer license is waiting on this bond. Here is the entire process:
Apply once, online
Business details, owner information, effective date — plus 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 soft credit pull never affects your score.
E-sign & file with WisDOT
Pay online and receive the executed bond on form MV2511, ready to file with your auction 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
Wisconsin licenses motor vehicle auction dealers through WisDOT under Chapter 218. The dealer bond is a consumer-and-public-protection guarantee: it stands behind clear title on the vehicles moving through your auction and your compliance with Wisconsin dealer law.
It is a three-party arrangement: you (the principal), the surety carrier, and the State of Wisconsin together with anyone aggrieved by a dealer’s noncompliance. If a dealer fails to deliver clear title or misapplies funds, the harmed party can recover against the bond — and if the surety pays, you repay the surety.
The auction dealer bond is $25,000, filed on the WisDOT Dealer Bond form MV2511 — the same amount as the salvage dealer and wholesaler bonds. Confirm the figure on your WisDOT application if your license class differs.
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? +
Who requires this bond? +
What does the bond guarantee? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
WisDOT is waiting on one document.
$750 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.