Motor Vehicle Dealers in Montana are required to have a license and a Vehicle Dealer Surety Bond to operate a dealership. Dealers that must be licensed include new/franchise and used motor vehicle dealers (includes car dealers and auto dealers), rugged terrain (ATV), van and bus dealers, trailer dealers (weighing less than 500 lbs), motor home (recreational vehicles) dealers, motorcycle dealers, quadricycle dealers (includes off road power sport vehicles), boat dealers (including personal watercrafts), snowmobile dealers, special mobile equipment dealers, broker dealers, auction dealers, wholesale dealers, and new manufactured home dealers.
The premium that you pay for a Montana Vehicle Dealer Surety Bond is dependent on credit, the bond amount needed and experience in the vehicle sales industry. Our rates start at $100 for bond amount $10,000 and under. Bonds over $10,000 are 1% of the bond amount. Contact our Surety Bond Specialists for a free quote.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application