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

A Wisconsin motor vehicle wholesaler — a dealer who buys and sells only to other licensed dealers — is licensed by WisDOT under Chapter 218 and conditions 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 wholesaler license through WisDOT
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
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps to licensed.

Your WisDOT wholesaler 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 wholesaler 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

A motor vehicle wholesaler buys and sells vehicles only to other licensed dealers — not to the retail public — and Wisconsin licenses them through WisDOT under Chapter 218. The dealer bond is a public-protection guarantee standing behind clear title on the vehicles you move 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 wholesaler 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 wholesaler bond is $25,000, filed on the WisDOT Dealer Bond form MV2511 — the same amount as the auction dealer and salvage dealer bonds. Confirm the figure on your WisDOT application if your license class differs.

Wis. Stat. ch. 218 (form MV2511)Wisconsin motor vehicle wholesalers are licensed by WisDOT under Chapter 218 and must file a $25,000 dealer bond on form MV2511 (the only acceptable WisDOT dealer bond form). A wholesaler sells only to other licensed dealers; the bond protects any person aggrieved by the dealer’s noncompliance. Confirm your required amount on your WisDOT application.

You need this bond if you're

Applying for a WI motor vehicle wholesaler license through WisDOT
Buying and selling only to other licensed dealers rather than the retail public
Renewing your wholesaler license and your current bond is expiring or non-renewing
Stepping up from retail to wholesale and filing the dealer bond for the new class

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 wholesaler license under Chapter 218. The bond is filed on form MV2511, the only acceptable WisDOT dealer bond form.
How is a wholesaler different from a retail dealer? +
A wholesaler buys and sells only to other licensed dealers, not to the public. The license class and bond filing differ, but the bond amount is the same $25,000 on the same MV2511 form.
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 wholesaler 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 →