The purpose of this document is to provide information about the surety bond amounts required before a business license can be issued. Also included are the fine amounts that may be imposed on a business for failure to comply with MVA standards. More information about when fines are imposed can be found in Dealer -Fines for Late Title Work Submission. For the fee amounts associated with business licensing, salesman licenses and interchangeable tags, see the MVA's schedule of fees.
Type of Business | Number of Vehicles Sold or Transferred | Bond Amount Required | New Vehicle Dealer License | 1-500
501-1,000
1,001-2,500
Over 2,500 | $50,000
$75,000
$100,000
$300,000 | Used Vehicle Dealer License | 1-250
251-500
501-1,000
1,001-2,500
Over 2,500 | $15,000
$25,000
$35,000
$50,000
$150,000 | Wholesale Vehicle Dealer License | 1-250
251-500
501-1,000
1,001-2,500
Over 2,500 | $15,000
$25,000
$35,000
$50,000
$150,000 | Motorcycle Dealer License
(new vehicles) | 1-500
Over 500 | $50,000
$75,000 | Motorcycle Dealer License
(used vehicles) | 1-250
251-500
Over 500 | $15,000
$25,000
$35,000 | Emergency Vehicle Dealer
(new vehicles) | 1-500
Over 500 | $50,000
$75,000 | Emergency Vehicle Dealer
(used vehicles) | 1-250
251-500
Over 500 | $15,000
$25,000
$35,000 | Trailer Dealer License
(boat trailers) | N/A | $5,000 | Trailer Dealer License (trailers under 15 feet in length) | N/A | $5,000 | Trailer Dealer License (trailers 15 feet or longer) | 1-250
251-500
501-1,000
1,001-2,500
Over 2,500 | $15,000
$25,000
$35,000
$50,000
$150,000 | Manufacturer, Second Stage Manufacturer, Distributor, or Factory Branch License | 1-50
51-500
501-10,000
Over 10,000 | $25,000
$50,000
$100,000
$300,000 |
Reason | Fee | Comments | Fine for dealer's late submission of documents, taxes and/or fees | $15.00 per transaction | - Assessed when title documents, excise tax and related fees for a vehicle transaction are submitted by a dealer to the MVA more than 30 days after the vehicle's date of delivery
| | Additional late submission fine | $1.00 per transaction per day | - Assessed on the second late day and each day late thereafter.
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MVA
Business Licensing and Consumer Services
6601 Ritchie Highway, N.E.
Glen Burnie, MD 21062 For telephone questions: MVA Customer Service Center: | 1-800-950-1MVA(1682) | TTY/Hearing Impaired: | 1-800-492-4575 | Out-of-State: | 1-301-729-4550 |
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