WI salvage dealer bonds.
$750 flat. Soft pull.

Wisconsin requires a motor vehicle salvage dealer to be licensed under Wis. Stat. s. 218.205, 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.

Required for your WI motor vehicle salvage dealer license under s. 218.205
Fixed amount, fixed price — $25,000 bond, $750, no quote theater
Soft credit pull only — never affects your score, and the rate stays 3% either way
A-ratedA.M. Best carriers1–2 daystypical issuance1–3 yrterms available
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NYCEDC
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Capital
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps to licensed.

Your WisDOT salvage dealer license is waiting on this bond. Here is the entire process:

TODAY · 5 MINUTES

Apply once, online

Business details, owner information, effective date — plus a one-time consent to a soft credit pull.

WITHIN 48 HOURS

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.

1–2 BUSINESS DAYS

E-sign & file with WisDOT

Pay online and receive the executed bond on form MV2511, ready to file with your salvage 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.

1-year term
$750
2-year term
$1,500
3-year term
$2,250
About this bond

What it is and who needs it.

What the bond actually guarantees

Wisconsin requires motor vehicle salvage dealers to be licensed under Wis. Stat. s. 218.205, administered by WisDOT. The dealer bond is a consumer-and-public-protection guarantee: it stands behind your handling of salvage vehicles, parts, and titles, and your compliance with Wisconsin salvage law.

It is a three-party arrangement: you (the principal), the surety carrier, and the State of Wisconsin together with anyone aggrieved by a salvage dealer’s noncompliance. If a dealer mishandles a title or misapplies funds, the harmed party can recover against the bond — and if the surety pays, you repay the surety.

The salvage dealer bond is $25,000, filed on the WisDOT Dealer Bond form MV2511 — the same amount as the auction dealer and wholesaler bonds. Confirm the figure on your WisDOT application if your license class differs.

Wis. Stat. s. 218.205 (form MV2511)Wisconsin motor vehicle salvage dealers must be licensed under Wis. Stat. s. 218.205, administered by WisDOT, and file a $25,000 dealer bond on form MV2511. The bond protects any person aggrieved by the salvage dealer’s noncompliance. Confirm your required amount on your WisDOT application.

You need this bond if you're

Applying for a WI motor vehicle salvage dealer license under s. 218.205
Dismantling or selling salvage vehicles and parts as a licensed Wisconsin dealer
Renewing your salvage dealer license and your current bond is expiring or non-renewing
Adding a salvage yard location that WisDOT ties to a bond filing

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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

Do I pay the $25,000? +
No. You pay $750 — the flat 3% of the bond amount. The $25,000 is the surety's maximum liability to the state and harmed parties; it's not a deposit.
Who requires this bond? +
WisDOT requires it as a condition of a motor vehicle salvage dealer license under Wis. Stat. s. 218.205. The bond is filed on form MV2511, the only acceptable WisDOT dealer bond form.
What does the bond guarantee? +
That you handle salvage titles and parts properly, account for funds, and follow Wisconsin salvage dealer law. If you fail to and someone is aggrieved, they can claim against the bond — and if the surety pays, you repay the surety.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It informs approval, not price. The rate is a flat 3% either way.
When does it renew? +
Terms run 1, 2, or 3 years. You'll get renewal notices 60 and 30 days out, and the bond must stay active for your salvage dealer license to stay valid.
Related bonds

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.

Your premium @ 3%$750
Apply now →