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Your Auto Dealer Bond cost depends on your entire bond amount. 

You will pay a portion of the entire bond amount, so a portion of a $100,000 Auto Dealer Bond will always be more than a portion of a $5,000 Auto Dealer Bond.

This is because the surety company is on the hook for bigger claims with larger bond amounts, and therefore must charge a higher rate.

Your Auto Dealer Bond cost is based largely on your personal credit score.

Those with good credit scores (700 or higher) will generally pay 1-4% of their total bond amount. 

Those with a credit score under 650 will generally pay between 5-20% of the total bond amount. 

Prices only need to be paid once, until the bond needs to be renewed. You do not need to pay for your bond every month.

So how much do you pay?*

• $50,000 dealer bond with good credit: You pay $400 - $1500
• $50,000 dealer bond with bad credit: You pay $2000 - $7500

 The payments are one-time payments, not monthly.

 Some surety bonds have bigger historic losses than others. Surety companies take this into account when arriving at the cost of your Auto Dealer Bond. 

Curious to see what your Auto Dealer Bond cost would be? Get your free quote instantly below: