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…
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 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.
StateNDBond amount$25,000ObligeeState of North DakotaBond classLicense BondCategoryMotor VehicleBondNorth Dakota Used Motor Vehicle Dealer BondJurisdictionStatePlain descriptionThis 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 consum…Who needs this bondIndividuals 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…
