Many contractors and auto dealers ask how long it takes to get bonded. In most cases, surety bonds are approved within 24–48 hours when applications are submitted correctly. Understanding what affects approval speed helps you avoid delays and meet licensing deadlines with confidence.

Starting a car dealership is exciting but requires planning. Key costs include: Dealer License & Bond: $50–$500 application, $100–$500 annual fees, bond $10k–$50k (costing $250–$2,500/year). Insurance: Garage liability $400–$1,500, general liability $500–$2,000, workers’ comp $2,000–$6,000. Lot & Office: Lease $1k–$10k/month, signage $500–$5k, office $1k–$3k, security $500–$2k. Other Costs: Inventory $10k–$100k+, software $100–$500/month, marketing $500–$5k/month. Total Sta