Vehicle and Vessel Dealers in the State of Washington are required to be licensed and have a bond to operate a dealership. Dealers that are required to be licensed include Wholesale dealers, motor vehicle dealers (including auto dealers and car dealers), manufactured home dealers, vessel (boat) dealers, travel trailer dealers, off-road dealers, snowmobile dealers and vehicle manufacturers. This also includes the sales of new or franchise dealers and used or retail dealers. The State of Washington, Department of licensing (DOL) requires vehicle dealer applicants to complete the license process and obtain a surety bond prior to providing any dealer services. The surety bond guarantees compliance of laws and honest and ethical performance of duties such as providing the vehicle title an accurate odometer declarations.
The premium that you pay for a Washington Vehicle or Vessel Dealer Surety Bond is dependent on credit and experience in the vehicle sales industry.
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