For the $20,000 (Fewer than 25 cars) the good credit price is $140
For the $25,000 (25-100 cars) the good credit price is $175
For the $30,000 (101-250 cars) the good credit price is $210
For the $35,000 (251 or more) the good credit price is $245
Vermont Motor Vehicle Dealers are required under the Vermont Statutes Annotated Title 23, Chapter 7 to file a Vermont Motor Vehicle Dealer Bond as a condition of licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Vermont Motor Vehicle Dealer Bond holds you accountable for your business decisions.
By possessing a Vermont Motor Vehicle Dealer Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.