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Oregon Motor Vehicle Dealer or Rebuilder Bond

Oregon Motor Vehicle Dealer or Rebuilder Bond

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Who Requires the Motor Vehicle Dealer or Rebuilder Bond and Why Is It Needed?

Salesman. Motor Vehicle Dealer Bond for auto dealers or others who buy, sell, auction, or repair cars or other motor vehicles.

The Oregon Department of Transportation requires that auto dealers and rebuilders in Oregon post surety bonds. The surety bond typically must be in the coverage or amount of $50,000 for new and used car dealerships, $10,000 for dealerships that sell Motorcycle, Moped, Snowmobile and/or ATVs only, and $10,000 for Motor Vehicle Wrecker / Dismantler / Rebuilders.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Oregon Motor Vehicle Dealer or Rebuilder Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

What Does the Bond Protect Against?

The surety bond ensures that the dealer (bonded principal) conducts business without fraud or fraudulent representation, and in accordance with provisions of the Oregon Vehicle Code, ORS 822.030(2).

The surety bond is continuous and remains in effect for the entire period in which a dealer certificate has been issued by the Oregon Department of Transportation, and each succeeding certification period. The bond may be depleted over this period by claims paid and may be also canceled by the surety company through advance written notice to the Driver and Motor Vehicle Services Division of the Oregon Department of Transportation.

What is Needed to Obtain My License or Registration?

The following is an overview of the key motor vehicle dealer licensing requirements in Oregon.

  • Applicant Certification, Signature & Photo ID 
  • Surety Bond
  • Liability Insurance Certification
  • Satisfaction of Dealer Education Requirements
  • Additional items may be needed and exact requirements may vary based on applicant, license type or obligee discretion. Please see obligee and state links in the Other Helpful Information and Links section below or contact the obligee directly for more information.

List of Oregon surety bonds.

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