A dealer bond is made to protect purchasers from dealers not following the law. If a dealer commits fraud or misrepresents the vehicle in any way that leads to a purchaser paying above the value of the vehicle, the bond will reimburse the purchaser. However, the dealer is not off the hook – they will still have to pay back the surety. Click Apply Now below and let Jet get you covered.
The bond amount for dealers in Hawaii depends on the type of vehicle being sold and the number of vehicles sold per month. See pricing and find more information below.
When you apply for a bond, your rate will be based on personal factors as well as the bond limit required for your license.
Jet works with several insurance companies to find the best rates available to you. With our monthly payment plan, you can receive your bond for as low as $10 per month. We also carry a yearly payment option that starts at $100.
License Type | ||
---|---|---|
Bond Amount |
Pricing* Monthly | Annual |
|
Motorcycles/Scooters > 49cc | $10,000 | $10 | $100 |
Used Vehicles, < 60 units per month | $25,000 | $13 | $150 |
New Vehicles, < 10 units per month | $50,000 | $25 | $300 |
Used Vehicles, > 60 units per month | $100,000 | $50 | $600 |
New Vehicles, > 10 units per month | $200,000 | $98 | $1200 |
Auctions | $200,000 | $98 | $1200 |
For a motor vehicle and auction dealer license, applicants must turn in:
Once submitted, the application will be reviewed by the Motor Vehicle Industry Licensing Board. If approved, your license will run until June 30 of the next even-numbered year, regardless of when your license begins. When nearing expiration, you will be notified by the Board to start the renewal process.
Forms mentioned above can be found here.
Online! Click below to submit an application for your dealership. Upon receival of the application, Jet works to deliver a competitive rate within 24 hours. Leave all stress out of the process.
Motorcycles/Scooters > 49cc
Used Vehicles, < 60 units per month
New Vehicles, < 10 units per month
Used Vehicles, > 60 units per month
New Vehicles, > 10 units per month
Auctions