Colorado Used Auto Dealer Bond

June 10, 2019

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Colorado Used Auto Dealer Bond Requirement

In Colorado, SB 249 requires businesses selling used motor vehicles to be licensed and to post the $50,000 bond now required for motor vehicle dealers. A business must be licensed if the sale of the used vehicles did not exceed 20% of the business's gross revenue and the vehicles meet the criteria concerning the ownership status and history of the vehicle's use.

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If you're ready to get a free surety bond quote to meet this new surety bond requirement, you can simply apply online. We are the nation's largest volume bond producer, and provide the lowest rates in the industry.

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Eric Weisbrot

Eric is the Digital Marketing Manager at JW Surety Bonds, with a remarkable 14 years of experience in the surety sector. Throughout his journey in the surety industry, he has undertaken a range of roles, starting as an agent assistant and progressing to the role of bond issuer. This diverse professional background equips him with a unique insider's perspective on all matters concerning surety bonds.