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Miscellaneous Commercial

Bond or letter of credit

Any person who buys, sells, brokers, trades, or exchanges vehicles in Oregon, as defined under ORS 822.005. Required when: Required as a condition to obtain or renew a vehicle dealer certificate. Exemptions: Dealers exclusively in motorcycles, mopeds, ATVs, or snowmobiles are subject to a lower bond amount of $10,000.…

Overview

What it is.

Any person who buys, sells, brokers, trades, or exchanges vehicles in Oregon, as defined under ORS 822.005. Required when: Required as a condition to obtain or renew a vehicle dealer certificate. Exemptions: Dealers exclusively in motorcycles, mopeds, ATVs, or snowmobiles are subject to a lower bond amount of $10,000.…

Who usually needs it

Any person who buys, sells, brokers, trades, or exchanges vehicles in Oregon, as defined under ORS 822.005.

Pricing & timing

What to expect.

Generic pricing

Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…

Typical timeframe

Credit-based approval — varies by bond type

Application

What to do next.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

You are on the exact bond page. The next step is to start the quick application.

Details

Bond details.

StateOR
Bond amount$50,000
Term lengthContinuous
ObligeeOregon Department of Transportation, Driver and Motor Vehicle Services (DMV)
RenewalThe bond must be purchased annually on or before each anniversary of the issuance of the vehicle dealer's certificate, even though the certificate itself is valid for three years.
Bond classMiscellaneous Commercial
CategoryMotor Vehicle
BondBond or letter of credit
Statutory referenceORS 822.030
JurisdictionState
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Next step

Ready to move forward?

Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.