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License Bond

Vehicle Industry Business License Bond

Any person or business entity that sells, leases, manufactures, distributes, or brokers motor vehicles, trailers, or motorcycles in Nevada, specifically those selling more than three vehicles in a 12-month period. Required when: Required as a condition of obtaining or renewing a vehicle industry business license. Exem…

Overview

What it is.

Any person or business entity that sells, leases, manufactures, distributes, or brokers motor vehicles, trailers, or motorcycles in Nevada, specifically those selling more than three vehicles in a 12-month period. Required when: Required as a condition of obtaining or renewing a vehicle industry business license. Exem…

Who usually needs it

Any person or business entity that sells, leases, manufactures, distributes, or brokers motor vehicles, trailers, or motorcycles in Nevada, specifically those selling more than three vehicles in a 12-month period.

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.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. 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.

Details

Bond details.

StateNV
Bond amount$100,000 for new/used motor vehicle dealers, brokers, rebuilders, lessors, dist…
Term lengthContinuous
ObligeeNevada Department of Motor Vehicles, Occupational and Business Licensing Section
RenewalThe bond remains in effect as long as premiums are paid and the surety does not cancel. The licensee must ensure the bond is active to maintain their business license status with the DMV.
Bond classLicense Bond
CategoryMotor Vehicle
BondVehicle Industry Business License Bond
Statutory referenceNRS 482.345
JurisdictionState
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Next step

Ready to move forward?

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.