Delaware Auto Dealer Bond$25,000 — Title 21 §6302

Delaware auto dealer bonds ($25,000) cost $250-$2,500 annually depending on credit. Excellent credit (750+) qualifies for $250-$500 (1-2%). Good credit (680-749) costs $625-$1,250 (2.5-5%). Fair credit (620-679) ranges $1,250-$1,750 (5-7%). Delaware's $25,000 bond is among the more affordable nationally, keeping premiums accessible for most applicants.

Form MV29 is the official Delaware Division of Motor Vehicles dealer license application. You download it from dmv.de.gov, complete it with your business information, and submit it along with your $25,000 surety bond, insurance proof, background check results, and other required documents. The DMV Dealer Services team reviews applications — contact them at (302) 857-4665 or dmdealerlicensing@delaware.gov.

All owners and officers of the dealership must undergo a criminal history background check through the State Bureau of Identification (SBI) by submitting fingerprints and personal information digitally through IdentoGO. This electronic fingerprinting service is used instead of traditional ink-and-roll fingerprints. Schedule your appointment through the IdentoGO website and bring valid government-issued ID.

Delaware requires a business sign on the premises measuring at least 24 inches by 36 inches (2' x 3') that displays the dealership's approved name. The sign must be visible and permanently mounted at the business location. This is inspected during the DMV facility inspection and must be in place before your license is issued.

Delaware Code Title 21 Chapter 63 (Sale of Motor Vehicles) establishes all dealer licensing requirements. Section 6302 mandates the license requirement and $25,000 bond. Section 6312 requires the DMV to verify that applicants are of good character and will comply with Delaware and other states' laws. The chapter covers dealer obligations, consumer protections, and penalties for violations.

Delaware requires adequate liability insurance as specified in Title 21 §2118 (Delaware's Financial Responsibility law). This covers vehicles in your inventory and dealership operations. The insurance requirement is separate from and in addition to the $25,000 surety bond. Proof of both must be submitted with your Form MV29 application.

Yes, we offer Delaware dealer bonds for all credit situations. The $25,000 bond amount is one of the lower requirements nationally, which means even applicants with lower credit can get affordable premiums. We work with multiple carriers that specialize in higher-risk applicants, and approval is often possible with credit scores as low as 500.

Delaware dealer bonds renew annually. We send renewal reminders 60 days before expiration with updated pricing based on your current credit. Most renewals process within 1 business day. Your bond must remain active for the entire license period — letting it lapse can result in license suspension by the Delaware DMV.