Vehicle Dealer Bond
Required for motor vehicle dealers selling new or new and used vehicles in Wyoming. Protects consumers and the state from fraudulent business practices.
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About This Bond
The Wyoming Vehicle Dealer Bond is a surety bond required for businesses engaged in selling new motor vehicles or both new and used motor vehicles in the state of Wyoming. This bond serves as a financial guarantee that the dealer will operate in accordance with state laws and regulations governing motor vehicle sales.
Motor vehicle dealerships that sell new vehicles or a combination of new and used vehicles must obtain this bond as part of their licensing requirements with the State of Wyoming. The bond ensures compliance with consumer protection laws, proper handling of vehicle titles, and adherence to fair business practices in vehicle sales transactions.
The bond protects both the State of Wyoming and consumers who purchase vehicles from licensed dealers. If a dealer engages in fraudulent practices, fails to transfer proper title, or violates state regulations, affected parties can file claims against the bond for financial compensation up to the bond amount.
This bond requires a $25,000 coverage amount and has a one-year term. The bond is renewable annually, and dealers must maintain continuous coverage to keep their license active and continue operating legally in Wyoming.
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At a glance
Wyoming Auto Dealer Bond Key Facts
Governed by W.S. 31-16-103.
The basics
What Is an Auto Dealer Bond in Wyoming?
Yes - Wyoming requires an auto dealer bond. To get or keep a Wyoming vehicle dealer (or Wyoming based manufacturer) license, you must file a $25,000 surety bond with the Wyoming Department of Transportation (WYDOT) under W.S. 31-16-103. The amount is the same $25,000 for every dealer license - it does not change with your license type.
Good to know - Required to get or keep a Wyoming vehicle dealer or Wyoming based manufacturer license. The bond is a single, uniform $25,000 - it does not change with your license type or sales volume. Facility rules and the state license fee do vary by how many vehicles you sell in a 12-month period, but the bond amount stays the same.
A surety bond is a promise, backed by a surety company, that you will follow Wyoming’s dealer laws. If you break them and someone is harmed - for example through fraud or a fraudulent misrepresentation - that person or the state can file a claim against your bond up to its $25,000 limit.
The bond protects the public and the state, not you. It runs to the State of Wyoming and also guarantees that you will return your dealer license, manufacturer plates, full-use and demo plates, and temporary permits when required. If the surety pays a claim, you must pay the surety company back.
Wyoming ties the bond to your one-year license. Your license takes the same effective and expiration dates as your bond, and the bond cannot be canceled unless a replacement bond is filed for the same period. That is why you renew both together each year and keep coverage continuous.
Qualification
What You Need to Qualify for a Wyoming Auto Dealer Bond
Approval depends on your dealer license type, required coverage amount, and underwriting factors such as credit.
- You are applying for, or renewing, a Wyoming vehicle dealer or Wyoming based manufacturer license with the Wyoming Department of Transportation (WYDOT), Motor Vehicle Services.
- You will file a $25,000 surety bond written by a corporate surety company licensed to do business in Wyoming, on the WYDOT bond form (W.S. 31-16-103).
- You have an established place of business in Wyoming - a permanent commercial building that meets WYDOT facility rules for your sales volume.
- Each owner is ready to complete a background-check questionnaire, provide a color photo, and be fingerprinted for a criminal history check.
- You understand the license runs one year and its dates match your bond dates, so you must keep the bond active and renew before it expires.
- You can pay the state license fee and the fingerprint processing fee (these are separate from your bond premium).
Step by step
How to Get an Auto Dealer Bond in Wyoming: Step by Step
Confirm you need a Wyoming dealer license
If you are in the business of selling vehicles in Wyoming, you generally need a WYDOT vehicle dealer license - and that license requires the $25,000 bond. How many vehicles you sell in a 12-month period affects your facility rules and license fee, but not the bond amount.
Complete your license application
Fill out the MV-422 Application for Wyoming Vehicle Dealer and Manufacturer License with your business details, ownership, and place of business. Follow the WYDOT new-applicant checklist so you include everything the department needs.
Application for Wyoming Vehicle Dealer and Manufacturer License (MV-422)Finish your background check and fingerprints
Each owner completes the background-check questionnaire, provides a color photo, and submits two Federal Criminal fingerprint cards with the $39 fingerprint processing fee in certified funds payable to "Attorney General - DCI". Your local law enforcement agency can take the prints.
Submit your application and wait for approval
Send your completed MV-422, questionnaire, photos, fingerprint cards and fees, and place-of-business details to WYDOT Motor Vehicle Services. Do not have your bond executed yet - Wyoming asks new applicants to wait until the department approves the application.
Buy your $25,000 Wyoming dealer bond
After WYDOT approves your application, buy your bond and we handle the paperwork. We issue your $25,000 surety bond on the official WYDOT dealer bond form and provide it for filing - there is no bond form for you to download, complete, or sign.
Get your license, then renew each year
File your bond with WYDOT to receive your one-year license, which takes the same dates as your bond. Present your license to your County Treasurer to buy dealer plates. Renew your license and bond together before they expire, using the WYDOT renewal checklist.
Renewal Dealer & Manufacturer Instructions / ChecklistPaperwork
Wyoming Dealer Bond Forms & Documents
The main dealer/manufacturer license application - you complete and submit this yourself.
View formWYDOT’s official checklist of everything a new applicant must include, in order.
View formWYDOT’s official checklist for renewing an existing dealer license each year.
View formThe official WYDOT dealer bond form - we issue and provide this for you; you do not fill it out yourself.
View formYou'll also need
Cost
How Wyoming Auto Dealer Bond Pricing Works
You do not pay the full $25,000. That figure is the coverage - the most a claim can collect. You pay a premium, which is a small percentage of the $25,000 bond amount.
Your premium is set by underwriting, mostly your personal credit. Well-qualified applicants pay a low rate; higher-risk applicants pay more. The premium is separate from Wyoming’s state costs, such as the license fee and the $39-per-owner fingerprint processing fee.
Worked example
A Wyoming dealer bond covers $25,000. You do not pay $25,000 - you pay a premium, often a small percentage of that amount for well-qualified applicants. Your exact rate depends on underwriting, mainly your credit. Start a quote to see your price.
Filing
Filing Information
Wyoming Department of Transportation (WYDOT) - Motor Vehicle Services, Vehicle Dealer Licensing
Filing notes
Your $25,000 surety bond is filed with the Wyoming Department of Transportation on the WYDOT bond form. The bond runs to the State of Wyoming and is conditioned that you will not commit fraud or fraudulent misrepresentation and will not violate any federal or state law, rule, or regulation about running your dealership (W.S. 31-16-103).
Timing matters in Wyoming: new applicants should NOT have the bond executed until WYDOT notifies you that your application has been approved. So you file your application and complete your background check first, then we issue your bond once you are cleared to be licensed.
We issue your bond on the official WYDOT dealer bond form and provide it to you to file with WYDOT - there is no bond form for you to fill out, complete, or sign. The person signing for the surety must be an officer or attorney-in-fact, and a properly executed power of attorney is attached.
The bond must be approved as to form by the Wyoming Attorney General. Your license takes the same effective and expiration dates as your bond, and the bond cannot be canceled during that period unless a replacement bond for the same period is filed with WYDOT - so keep coverage continuous.
Questions about the background check or bond form can go to WYDOT Compliance & Investigation at (307) 777-3815; general dealer licensing questions go to Vehicle Dealer Licensing at (307) 777-4717.
FAQ
Wyoming Auto Dealer Bond FAQ
Yes. To get or keep a Wyoming vehicle dealer or Wyoming based manufacturer license, you must file a $25,000 surety bond with the Wyoming Department of Transportation under W.S. 31-16-103.
It is $25,000. Wyoming uses the same $25,000 bond amount for every dealer license - it does not change with your license type or how many vehicles you sell.
After you apply. Wyoming asks new applicants not to execute the bond until WYDOT notifies you that your application is approved. You file the application and finish your background check first, then we issue your bond.
No. We issue your bond on the official WYDOT dealer bond form and provide it for filing - there is no bond form for you to complete or sign. It is signed for the surety and comes with a power of attorney.
You pay a premium, not the full $25,000. The premium is a small percentage of the bond amount, based mainly on your credit. Start a quote to see your rate. The premium is separate from the state license and fingerprint fees.
One year. Your license takes the same effective and expiration dates as your bond, so you renew both together each year. The bond cannot be canceled unless a replacement bond for the same period is filed with WYDOT, so keep coverage continuous.
It runs to the State of Wyoming and is conditioned that you will not commit fraud or fraudulent misrepresentation and will not violate federal or state dealer laws, rules, or regulations. It also guarantees you will return your license, plates, and permits when required. It protects the public and the state, not you.
The Wyoming Department of Transportation (WYDOT), Motor Vehicle Services - Vehicle Dealer Licensing, in Cheyenne. You can reach Vehicle Dealer Licensing at (307) 777-4717, or Compliance & Investigation at (307) 777-3815 for background-check and bond questions.
Sources
Last verified 2026-07-02. Requirements change - confirm current details with Wyoming Department of Transportation (WYDOT) - Motor Vehicle Services, Vehicle Dealer Licensing before you file. This page is informational and not legal advice.
FAQ
Wyoming Auto Dealer Bond Questions
The cost of a Wyoming auto dealer bond is usually a small percentage of the state-required bond amount. Your exact premium depends on the bond amount, license type, business details, and underwriting factors such as credit.
Many auto dealer bonds can be issued the same day after you complete the application. Larger bond amounts or applications that need underwriting review may take longer.
Requirements vary by license type, but most Wyoming auto dealers need to complete a short application and purchase the bond amount required by the state before their license can be issued or renewed.
Often, yes. Many states have separate bond requirements for wholesale, retail, broker, or other dealer license types. Choose the bond that matches your Wyoming license instructions.
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AutoDealersBond.com is operated by Shield Liability Insurance Agency, a California and Texas licensed insurance agency (CA License #6018195, TX License #3446536). Shield Liability Insurance Agency is not an insurance carrier and does not underwrite bonds or insurance policies. Bond and coverage availability, pricing, and issuance are subject to carrier underwriting approval, eligibility, applicable state requirements, and policy or bond terms. Availability varies by state.
