AmeriPro Surety Bonds provides both first-time Utah auto dealer bonds and renewal Utah auto dealer bonds.
Below, we give an explanation on what it takes to become licensed as an auto dealer in Utah.
We also provide details on getting an existing license renewed.
And, again, we help those already license to renew their existing Utah auto dealer bond.
Utah auto dealers offer for sale to the public either new cars or pre-owned vehicles, or both.
They are regulated by the Utah State Tax Commission, Motor Vehicle Enforcement Division.
The state of Utah divides the licensing for new Utah auto dealer into two parts:
Both surety bonds are offered to you by AmeriPro Surety Bonds.
Applicants for the Utah auto dealer license must:
Application fees for Utah auto dealerships are as follows:
Applicants for the Utah auto dealership license must do the following:
Be sure to be completely honest and disclose any relevant convictions, even if they may be grounds for refusal to issue a Utah auto dealer license
The Utah auto dealer bond is required by the state of Utah.
The amount of the bond Utah auto dealer bond is $75,000 for new and used auto dealers.
For Utah auto dealers who sale motorcycles or other ATV’s, the bond amount is $10,000.
Utah auto dealership licenses expire on June 30th of each year.
Plus, the state does not send out mailed renewals, making it your further responsibility to stay in the know! They do send emails in some cases.
The Utah auto dealer bond should be issued to run concurrent with your auto dealer license so as to prevent any gaps in coverage.
A gap in bond coverage may result in the temporary suspension of your auto dealer license.
The premium amount (the cost of the bond) will be a small percentage of the surety bond.
Ultimately, the premium amount of the bond will be determined by:
Regardless of your credit, AmeriPro Surety Bonds will work with you to find you the best pricing available.
The Utah auto dealer bond renews on an annual basis.
Again, renewal should be seen to run concurrent with your license which expires on June 30th of each year.
AmeriPro Surety Bonds works for you to get the best pricing on your auto dealer bond.
We are a surety-bond only agency, providing every type of bond in Utah and throughout the country.
We appreciate your consideration and respect that you have chosen our company when you have many choices.