National Independent Automobile Dealers Association
Serving Quality Independent Automobile Dealers Since 1946

Dealer Bond And Licensing Information » Wisconsin

Bonds

A $5,000 to $100,000 bond may be required, if there is reason to doubt the financial responsibility or compliance of dealership.

Dealer License

Manufacturers, distributors, dealers and mobile home dealers, recreational vehicle dealers, salvage dealers wholesale auctions and wholesale dealers are required to obtain a business license (not required for trailer dealers). Individuals selling more than five vehicles of their own are required to obtain a dealer's license. Issued for 2-year period based on date of issuance.

Dealer License Fee: $40.00 - $100.00 depending on type of vehicle sold.

Dealers are required to file $50,000 bond.
Wholesalers are required to file a $25,000 bond.
Trailer plates issued to trailer dealers for the transportation of trailers exceeding 3,000 lbs.

Contact the Wisconsin Automobile & Truck Dealers Association for additional information.