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License & permit · Idaho

Idaho Motor Vehicle Dealer Bond

Idaho vehicle and vessel dealers must file a performance bond with the Idaho Transportation Department before the dealer license issues. Idaho Code § 49-1608 sets three amounts: ten thousand dollars for dealers that sell only motorcycles, motor-driven cycles, motorbikes, ATVs, utility-type vehicles, truck campers, and snow machines; forty thousand dollars for wholesale-only used-vehicle dealers; and twenty thousand dollars for all other dealers. A surety bond from an Idaho-licensed company, a certificate of deposit, or a cash deposit with the director may satisfy the requirement.

Who requires it

Idaho Transportation Department — Vehicle dealers

Common bond amount

$10,000 / $20,000 / $40,000

Powersports-only $10,000; retail $20,000; wholesale-only $40,000 (Idaho Code § 49-1608).

How you file

File an ITD dealer bond, or a CD or cash deposit with the director

Renewal

Maintain while licensed; 30-day surety termination notice to ITD

Who requires it

Applicants for and holders of an Idaho vehicle or vessel dealership license under chapter 16, title 49. Wholesale dealers in used vehicles of all types use the $40,000 tier and are exempt from Idaho consumer asset recovery fund participation under sections 49-1608B through 49-1608F.

How much is required

Section 49-1608 assigns the amount by business class. Exclusive powersports and related specialty dealers use $10,000. Wholesale-only used-vehicle dealers use $40,000. Every other dealer uses $20,000. Claims cannot exceed the statutory amount.

How to get and file it

Have an Idaho-authorized surety execute the dealer bond naming the State of Idaho in the amount that matches your dealer class, with ownership names, DBA, and location exactly as on Form 3170. File the original signed bond with the ITD dealer application package, or arrange an accepted CD or cash deposit instead. Maintain the bond while licensed. A surety may terminate by giving thirty days’ written notice by certified mail to ITD and a copy to you. Replace coverage before the effective date so the license does not fall out of compliance.

Cost note

Ten thousand to forty thousand dollars is the required bond amount, not the premium you pay. See bond amount vs premium. Bond amount vs premium →

Requirement checklist

Powersports / specialty exclusive
$10,000 (motorcycle, ATV, UTV, truck camper, snow machine dealers)
Retail dealers
$20,000
Wholesale-only used vehicles
$40,000
Alternatives
Surety bond, certificate of deposit, or cash deposit with the director

Frequently asked questions

Which Idaho dealer bond amount do I need?

Use $10,000 only if the dealership exclusively sells the motorcycle, ATV, UTV, truck-camper, and snow-machine class described in § 49-1608(1)(a). Wholesale-only used-vehicle dealers use $40,000. All other dealers use $20,000.

Can I post cash instead of a surety bond?

Yes. Section 49-1608 allows a surety bond, a certificate of deposit in a form the director prescribes, or a cash deposit with the director. ITD materials note that cash or CD deposits remain on deposit until five years after the dealership goes out of business.

Related Idaho bond guides

Surety basics (not repeated here)

Universal surety concepts explained once—linked here instead of repeated on every state or bond page.

Continue with a Idaho application

Idaho will be preselected. Choose your bond type in the application—we confirm the correct product against your agency form before anything is issued.

Last verified 2026-08-11. This guide is based on verified educational content and official sources.

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