Motor Vehicle Dealer

The State of Minnesota requires motor vehicle dealers to post a $50,000 bond.  Those dealers who sell only boats, snowmobiles, or trailers need only post a $5,000 bond.

Regulating Department Contact:

Minnesota Department of Public Safety
Dealer Unit
445 Minnesota Street, Suite 186
St. Paul, MN 55101
(651) 296-2977

Statutes:

Minnesota Statutes 168.27

Rules:

Minnesota Rules 7400.01007400.6000

Underwriting Requirements:

  1. Apply for bond HERE
  2. For marginal credit scores, business & personal financial statements
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