This bond is required for anyone who wants to sell motor vehicles in New Hampshire. The state requires dealers to have this $25,000 bond to protect car buyers from dishonest business practices. If a dealer breaks state laws, fails to transfer titles properly, or commits fraud, customers can file a claim against the bo…
Overview
What it is.
This bond is required for anyone who wants to sell motor vehicles in New Hampshire. The state requires dealers to have this $25,000 bond to protect car buyers from dishonest business practices. If a dealer breaks state laws, fails to transfer titles properly, or commits fraud, customers can file a claim against the bo…
Who usually needs it
Individuals or businesses applying for a motor vehicle dealer license in New Hampshire who sell or deal in 5 or more motor vehicles in a consecutive 12-month period, including retail dealers, auto wholesale dealers, automotive recycling dealers, and utility dealers, must obtain this bond as part of their state licensing requirements under RSA 261:98.
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.
StateNHBond amount$25,000ObligeeNew Hampshire Motor Vehicle DivisionBond classLicense BondCategoryMotor VehicleBondNew Hampshire Motor Vehicle Dealer BondJurisdictionStatePlain descriptionThis bond is required for anyone who wants to sell motor vehicles in New Hampshire. The state requires dealers to have this $25,000 bond to protect car buyers from dishonest business practices. If a dealer breaks state …Who needs this bondIndividuals or businesses applying for a motor vehicle dealer license in New Hampshire who sell or deal in 5 or more motor vehicles in a consecutive 12-month period, including retail dealers, auto wholesale dealers, aut…
