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Wyoming Vehicle Dealers and Based Manufacturer Bonds

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The Wyoming Department of Transportation (DOT), Motor Vehicle Services is responsible for overseeing the licensing of Vehicle Dealers and Based Manufacturers, consumer complaints and when necessary, revoke licenses.

Vehicle dealers (includes auto dealers and dealership's) and based manufacturer applicants must complete an application (MV-422) and obtain a surety bond. The surety bond ensures compliance of state laws and honest and ethical business practices.

Surety Bond and License Requirements:

  1. Obtain a Sales and Use Tax License from the Wyoming Department of Revenue.
  2. Payment of the application fee.
  3. Provide copies of property leases or rental agreements, photos of the business property: signage, building, and lot, zoning or planning approval, etc. Additionally, dealers must have a listed landline telephone, signage visable from the road, and maintain daily inventory records stored onsite.
  4. Obtain a $25,000 surety bond. New applicants need to submit the surety bond after the dealer license has been approved.
  5. Applicants must be able to pass a criminal background check including submission of a fingerprint card.
  6. Licenses must be renewed annually. The surety bond and license renewal dates run at the same time.
  7. New vehicle dealers must provide a copy of a franchise agreement or dealer sales and service agreements.

How Much Will a Wyoming Vehicle Dealer Bond Cost?

The premium that you pay for a Wyoming Vehicle Dealer or Based Manufacturer Surety Bond is dependent on credit. Our rates start at $250 with good credit. Contact our Surety Bond Specialists for a free quote.

Did You Know?

That you can get additional license information from Dealer Licensing at (307)-777-4717 or (307)-777-4825 or Dealer Compliance at (307)-777-3815.

Related Links:

Wyoming Dealer and Manufacturer Requirements
Wyoming MV-422 Dealer & Manufacturer Application

More Surety Bond Questions?

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.

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