$15,000 Standard Build
For U.S. and domestic investors building a Florida dealership from the ground up.
Explore Standard Build →Leios dealership investor education
Dealer bond and insurance: two early Florida dealership requirements.
Bonding and insurance are separate parts of the dealership setup and should be quoted early because cost and underwriting vary by applicant.
Surety bond
FLHSMV’s current general requirements identify a $25,000 surety bond or qualifying irrevocable letter of credit for motor vehicle dealer applicants. The bond amount is not the same as the premium paid to obtain a bond.
Garage liability coverage
FLHSMV identifies garage-liability coverage requirements and options for applicable dealer categories. Work with an insurance professional familiar with Florida dealers.
Budget correctly
Obtain real quotes based on the entity, owners, location and intended operation instead of using a generic estimate.
Choose your path
Three ways to move forward with Leios.
$25,000 E-2 Investor Build
Business-side dealership build for treaty investors, with optional attorney coordination.
Explore E-2 Build →$65,000 Existing Dealership
For investors who prefer an existing Florida wholesale dealership opportunity.
View Existing Dealership →