Colorado Auto Dealer License Guide

The process of obtaining an auto dealer license in Colorado can be a little complicated. Fortunately, this guide will take you through every step required. Remember, you must apply annually for an auto dealer license through the Motor Vehicle Dealer Board (MVDB). The MVDB will handle every aspect of the licensing process.


Determine Which Type of License You Need:

  • New Motor Vehicle Dealer
  • Used Motor Vehicle Dealer
  • Wholesale Dealer
  • Wholesale Auction Dealer
  • Buyer Agent
  • Salesperson
auto-dealer-license
How to get your Auto Dealer License

Complete Guide for All 50 States

1

Check to See if You Qualify

There are a few qualifications that you must meet before you apply for your license:

Note: If the applicant has ever been convicted of or pled no contest to any felony or misdemeanor, all crime-supporting court documents must be included with the application.

2

Compile the Required Documents

You will need to prepare supporting documentation to send in with your license application:

If filing as an LLC/LLP/Corporation, you may be required to submit additional documents:

  • Certificate of Good Standing from the Colorado Secretary of State
  • Constituent Filed Document
  • Bylaws/Operating Agreement
  • Trade Name

For more details, check the Dealer/Wholesaler Application Checklist. If you need live assistance, you can contact the Colorado Department of Revenue.

3

Obtain Your Auto Dealer Bond

The cost of a Colorado auto dealer bond is a small percentage of the total bond amount. The bond cost varies depending on your financial strength, e.g. personal credit. You can also take a look at our most frequently asked surety bond questions.

  • Fill out our online application form to obtain a free bond quote for your auto dealer license. It takes 5 minutes and you will be able to lock your rate for the next 90 days (in case you want to purchase the bond).

all dealers must obtain a bond to get licensed.

Bond Amount Required:

  • $50,000 for most applicants
  • $5,000 for small trailer dealers (trailers weighing less than 2000 pounds)
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4

Submit Your Dealer License Application

The dealer/wholesale license application (DR 2109) is available online.

Note: For full details check the Auto Industry Division at the Colorado Department of Revenue

Collect and fill out all the required documents and mail them along with a copy of your bond to:

Department of Revenue
Auto Industry Division
1881 Pierce St., #112
Lakewood, CO 80216

 

If your application is accepted, the MVDB will mail you the official license.

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