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North Dakota Used Motor Vehicle Dealer Bond

This bond is required for businesses that sell used cars in North Dakota. If you want to operate as a used car dealer in the state, you must obtain this $25,000 bond before getting your license. The bond protects consumers who buy vehicles from your dealership. If you engage in fraudulent practices, misrepresent a veh…

Bond amount$25,000
State or jurisdictionNorth Dakota
ObligeeState of North Dakota

Essential point: 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.

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Overview

What it is.

This bond is required for businesses that sell used cars in North Dakota. If you want to operate as a used car dealer in the state, you must obtain this $25,000 bond before getting your license. The bond protects consumers who buy vehicles from your dealership. If you engage in fraudulent practices, misrepresent a veh…

Who usually needs it

Individuals or businesses operating as used motor vehicle dealers in North Dakota must obtain this $25,000 bond as a requirement for obtaining a motor vehicle dealer's license. This applies to any individual or business entity selling used motor vehicles, regardless of operation size or sales volume, as mandated by North Dakota Century Code Chapter 39-22.

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 depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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