Maryland Auto Dealer Bond$15,000-$300,000 MVA Requirement

Maryland dealer bond costs depend on the bond amount required by your sales volume. For a $15,000 bond (used dealer, 1-250 vehicles), expect $150-$1,500 annually. For a $300,000 bond (new dealer, 2,500+ vehicles), costs range from $3,000-$30,000 annually. Rates are 1-10% based on credit.

Maryland determines bond amounts based on dealer type (new vs used) and annual sales volume. Used dealers range from $15,000-$150,000, while new dealers range from $50,000-$300,000. The MVA reviews your projected or actual sales to set the requirement.

Maryland dealer license fees are $450 base fee plus $100 per dealer tag and $67.50 for salesman licenses. Licenses are valid for 3 years.

Maryland requires a site inspection by the MVA Investigation Division (schedule at 410-787-2952), mandatory dealer orientation training assigned via email, and ERT (Electronic Registration and Titling) provider contract. Home offices must be accessible without passing through living areas.

Yes, but with restrictions. Home offices must be accessible without passing through living areas or sleeping quarters. The location must be properly zoned for dealership use and meet all other facility requirements.

Maryland requires vehicle liability insurance and Workers' Compensation insurance (if you have employees). Specific coverage amounts vary, so verify current requirements with the MVA Business Licensing Division.

Maryland dealer licenses are valid for 3 years, which is longer than most states. This means your bond must also be maintained for the full 3-year licensing period.

Boat trailers and trailers under 15 feet require only a $5,000 bond. Trailers 15 feet or longer follow the same bond structure as used vehicle dealers ($15,000-$150,000 based on volume).

Contact the Business Licensing and Compliance Division at 410-787-2952 or email MVABLDISD@MDOT.MARYLAND.GOV. The office is at 6601 Ritchie Highway, N.E., Glen Burnie, MD 21062.