Any person or entity applying for a motor vehicle auction dealer's license in the State of Nebraska. Required when: The bond must be furnished at the time of making an application for a motor vehicle auction dealer's license.
Overview
What it is.
Any person or entity applying for a motor vehicle auction dealer's license in the State of Nebraska. Required when: The bond must be furnished at the time of making an application for a motor vehicle auction dealer's license.
Who usually needs it
Any person or entity applying for a motor vehicle auction dealer's license in the State of Nebraska.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license 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. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
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.
StateNEBond amount$100,000Term lengthAnnualObligeeNebraska Motor Vehicle Industry Licensing BoardRenewalThe bond must be submitted with the initial license application and all subsequent annual license renewal applications. Licenses and bonds expire annually on December 31st.Bond classLicense BondCategoryMotor VehicleBondMotor Vehicle Auction Dealer BondStatutory referenceNeb. Rev. Stat. § 60-1419(2)JurisdictionState
