Colorado Motor Vehicle Dealer License Requirements – 2025 Overview
Colorado motor vehicle and powersports dealers are licensed through the Colorado Department of Revenue – Auto Industry Division (AID) and overseen by the Motor Vehicle Dealer Board.
1. Regulator and key links
- Regulator: Colorado Department of Revenue – Auto Industry Division (AID)
- Dealer & Wholesaler page: Dealer and Wholesaler (Motor Vehicle & Powersports)
- Application checklist: Dealer/Wholesaler License Application Checklist
2. Financial fitness and background requirements
- Applicants must demonstrate a minimum net worth of $100,000.
- The Dealer Board requires at least a 701 Vantage credit score (AID obtains the report from Experian).
- Background checks and fingerprinting are required for owners and key individuals.
3. Pre‑licensing education, mastery exam, bond, and insurance
- First‑time dealer applicants must complete an approved pre‑licensing education program and pass the Auto Industry Mastery Examination.
- Dealers must obtain a motor vehicle dealer surety bond. Recent guidance from industry sources notes that Colorado has increased required bond amounts; confirm the current figure with the Auto Industry Division or your bonding company before applying.
- Maintain appropriate liability insurance for your dealership and dealer plates.
4. Business location and application
- Secure a permanent business location that meets zoning requirements and has adequate display area and signage.
- Gather required documents: financial statement, credit disclosure, fingerprints, bond, insurance, photos, and local business approvals.
- Submit the dealer or wholesaler license application, checklist, and fees to the Auto Industry Division.