To be licensed as a motor vehicle dealer in Utah, you’ll need to file a surety bond with the Motor Vehicle Enforcement Division. Body shops, crushers, special equipment dealers, and dealers of motorcycles, off-highway vehicles, and small trailers must also hold a surety bond.
Click the quote button to get your bond in minutes.
By cutting out the middleman, Jet is able to provide a convenient monthly payment option in addition to discounted annual and multi-year rates.
For the $75,000 Auto Dealer Bond, for new and used dealers, the price starts at $28 monthly or $281 for a one-year term. Preferred applicant pricing can be found in the table below. Rates are dependent on years in business and credit score of the ownership.
|Bond Term||Bond Limit||Monthly Cost||1 Year Cost|
|Motor Vehicle Dealer||$75,000||$28||$281|
|Special Equipment Dealer||$75,000||$28||$281|
|Motorcycle/Off-Highway Vehicle/Small Trailer Dealer||$10,000||$10||$100|
License Classification Details
Motor Vehicle Dealers sell vehicles, new or used. Dealers also have the authority to dismantle vehicles and operate as body shops.
Body Shops repair, rebuild, restore, paint—may also dismantle vehicles.
Crushers shred or crush vehicles to reduce materials and metals for recycling purposes.
Special Equipment Dealers buy incomplete new vehicles weighing 12,000 pounds or more and sell the vehicles with special equipment installed without a franchise. With this license, you may also operate as a body shop and dismantle vehicles.
Motorcycle, Off-Highway Vehicle, or Small Trailer Dealers sell or dismantle any of the aforementioned items. *Small trailers weigh between 750-1,999 pounds.
More details can be found in Utah Code, 41-3-202.
The Utah Motor Vehicle Enforcement Division is tasked with enforcing the rules and regulations defined in Utah Code, Chapter 3, Title 41 upon motor vehicle businesses. One requirement to be a licensed vehicle dealer, body shop, crusher, or special equipment dealer is a surety bond. Along with the other 49 states, Utah utilizes Motor Vehicle Dealer Bonds as a form of financial protection for the state and its citizens.
Say a used vehicle dealer rolls back the odometer to sell the car at a cheaper price; this would be a fraudulent action. The customer can file a complaint with the Motor Vehicle Enforcement Division, which can turn into a bond claim. Even though Jet is the financial guarantor on the surety bond, providing payment in cases of valid bond claims, the dealer would be responsible for paying the claim amount back to Jet to restore the bond to its original limit—more details on this below.
The first step to obtaining your bond is filling in the necessary information. Get started here:
Once that’s complete, you’ll be shown approved rates and given the opportunity to pay for your bond and download the bond form and receipt.
The next step is filing your bond at the following address:
Motor Vehicle Enforcement Division
210 N 1950 W
Salt Lake City, UT 84134