Missouri Auto Dealer Bond— $50,000 Flat — $100K With Delivery Agreements

Missouri is notable for its flat $50,000 bond amount across all dealer types under RSMo §301.560. Whether you are a new vehicle franchise dealer, used car dealer, wholesale dealer, powersport dealer, trailer dealer, or boat dealer — the bond amount is the same $50,000. The only exception is dealers who enter written agreements to deliver motor vehicles, which requires a $100,000 bond instead. This simplified structure makes it easier for dealers to know exactly what they need.

Missouri auto dealer bonds ($50,000) cost $500-$5,000 annually depending on credit. With excellent credit (750+), expect $500-$1,000 (1-2%). Good credit (680-749) costs $1,000-$2,000 (2-4%). Fair credit (620-679) ranges $2,000-$3,500 (4-7%). Lower credit may require up to $5,000 (10%). For the $100,000 delivery agreement bond, rates are roughly double.

Form 4682 is the official "Application for Dealer, Auction, or Manufacturer License and Number Plate(s)" issued by the Missouri Department of Revenue. This is the primary application form for all dealer types in Missouri. It must be completed in full and signed by one of the listed owners. The form covers new dealers, used dealers, wholesale dealers, powersport dealers, boat dealers, trailer dealers, auction operators, and manufacturers.

Under RSMo §301.560, dealers who enter written agreements to deliver motor vehicles must provide a surety bond or irrevocable letter of credit of at least $100,000 in lieu of the standard $50,000 bond. This applies when you agree in writing to deliver a vehicle before the buyer takes physical possession at your lot. If you do not offer delivery agreements, the standard $50,000 bond is sufficient.

Missouri dealer licenses expire annually. Applications filed on or after October 31 but before January 1 incur a $25 late fee. Applications filed after December 31 face a $50 penalty. To avoid late fees, submit your renewal well before October 31. Your surety bond must remain active through the full license period — a lapsed bond can result in immediate license suspension.

Missouri issues licenses for new motor vehicle franchise dealers, used motor vehicle dealers, wholesale motor vehicle dealers, powersport dealers, trailer dealers, boat dealers, auction operators, and manufacturers. All motor vehicle dealer types require the same $50,000 bond per RSMo §301.560. Boat dealers and manufacturers have a reduced application fee of $80 vs. $150 for motor vehicle dealers.

Yes. RSMo §301.560 specifically allows an irrevocable letter of credit (ILC) as an alternative to a corporate surety bond. The ILC must be in the same penal sum ($50,000 or $100,000) and must be on a form approved by the DOR. However, an ILC typically requires tying up the full amount with your bank, making a surety bond the more capital-efficient choice for most dealers.

Yes, we secure Missouri dealer bonds for applicants with all credit levels. We work with multiple surety carriers, including those specializing in higher-risk applicants. Even with credit scores below 600, approval is often possible. Our underwriters evaluate the complete picture — business experience, financials, and overall risk — not just credit scores.