What is the Colorado Auto Dealer Bond?

Before you get your Colorado dealer license issued, you'll need to purchase a surety bond called an auto dealer surety bond. If this is your first time getting licensed, the concept of a surety bond is probably new to you. 

Video Timestamp:

• 00:25 - Video agenda
• 00:53 - What are the Colorado dealer license classifications
• 01:28 - What is an auto dealer surety bond?
• 01:59 - What does an auto dealer bond protect against?
• 02:43 - What is the bond amount?
• 03:09 - Potential additional bonding requirements
• 03:30 - How much does an auto dealer bond cost?
• 03:45 - The bond cost equation
• 03:54 - What affects the bond price
• 04:17 - How to NOT overpay for your auto dealer bond
• 05:11 - Pricing examples
• 05:33 - How long does it take to get your bond?
• 05:59 - How to keep your bond active
• 06:19 - What is a continuous surety bond?

If you're looking to get your Colorado auto dealer bond today, visit our pricing page and get this requirement done.