This bond is required for anyone who wants to sell new cars in Oregon. The state requires dealers to have this $50,000 bond to protect customers from dishonest business practices. If a dealer breaks the rules—like lying about a vehicle's condition, failing to transfer a title properly, or not honoring warranties—a cus…
Overview
What it is.
This bond is required for anyone who wants to sell new cars in Oregon. The state requires dealers to have this $50,000 bond to protect customers from dishonest business practices. If a dealer breaks the rules—like lying about a vehicle's condition, failing to transfer a title properly, or not honoring warranties—a cus…
Who usually needs it
Individuals or businesses licensed as new motor vehicle dealers, used auto dealers, motorcycle/moped/Class 1 ATV/snowmobile dealers, and rebuilders in Oregon must obtain this bond to obtain or renew their vehicle dealer certificate. The bond is required by Oregon law for any dealer buying, selling, or exchanging motor vehicles, with bond amounts ranging fro…
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.
StateORBond amount$50,000ObligeeState of OregonBond classLicense BondCategoryMotor VehicleBondOregon New Motor Vehicle Dealer BondJurisdictionStatePlain descriptionThis bond is required for anyone who wants to sell new cars in Oregon. The state requires dealers to have this $50,000 bond to protect customers from dishonest business practices. If a dealer breaks the rules—like lying…Who needs this bondIndividuals or businesses licensed as new motor vehicle dealers, used auto dealers, motorcycle/moped/Class 1 ATV/snowmobile dealers, and rebuilders in Oregon must obtain this bond to obtain or renew their vehicle dealer…
