OREGON
OREGON MOTOR VEHICLE DEALER BOND
Oregon Motor Vehicle Dealer Bond
Getting a Oregon motor vehicle dealer bond is a key step to becoming a licensed car dealer in the state. The motor vehicle dealer bond serves as an extra guarantee that your dealership will follow all rules and regulations that govern motor vehicle dealers in the state of Oregon.
Surety Bond Name: Oregon Motor Vehicle Dealer Bond
Surety Bond Amount: $50,000
Surety Bond Term: 1-3 Years
Obligee: OREGON DEPARTMENT OF TRANSPORTATION DRIVER AND MOTOR VEHICLE SERVICES
Just like all surety bonds, the Oregon motor vehicle dealer bond serves as protection for the general public, and not as insurance for your business. In case you don't follow the rules and your obligations under the bond, a claim can be made against you. If proven to be a legitimate claim, the penal sum of the bond is used to compensate the affected parties. The surety covers the costs of claims up front, which you’ll be required to reimburse in full. This means you should avoided having any claims, as they can cause serious harm to your business and finances.
Oregon Motor Vehicle / Auto Dealer Bond Cost
While $50,000 might seem like a large amount to pay, in reality, you only need to pay a percentage of it to get bonded, which is called the bond annual premium. The surety company will look at several factors to determine your Oregon motor vehicle dealer bond cost, most importantly, your credit score. Factors such as years licensed and years of industry experience will also play a factor in your dealer bond cost.
If your credit score is above 650, you’ll likely have to pay between .75% and 2% of the bond amount.
For applicants with credit scores between 600 and 649, the rates range between 2.5% and 4%.
Oregon Motor Vehicle / Auto Dealer License and Renewal
Who is required to be licensed?
The surety bond requirement applies to all businesses that sell motor vehicle dealers in the state of Oregon.
This includes:
Anyone applying as a:
- Independent dealer
- Franchise dealer
- Vehicle rebuilder
- LLC, partnership, or corporation selling vehicles in Oregon
…must submit a surety bond and liability insurance to the DMV Business Licensing Unit.
What are the bonding requirements?
The Oregon dealer bond must:
Be issued in the amount of $50,000 per certification period
Be signed by the bonding company and the dealer (original/wet signature required)
Match the business name and address exactly as listed on your DMV application
Remain active throughout your license period
We ensure your bond is issued correctly the first time—avoiding costly delays or rejections.
What are the insurance recommendations?
Per ORS 822.033, your policy must:
Cover all motor vehicles manufactured, owned, operated, or maintained by the dealership
Cover all drivers with permission from the dealer
Meet minimum coverage amounts under ORS 806.070
Remain continuously active (the DMV must receive notice of cancellation directly from your insurer)
First Time Applying? Here's What You Need
To apply for your original Oregon Motor Vehicle Dealer Certificate, submit the following to the DMV:
✅ Completed DMV Application
✅ Copies of official photo IDs for all owners, partners, LLC members or officers
✅ $50,000 Surety Bond
✅ Dealer Liability Insurance Certificate
✅ 8-Hour Dealer Education Certificate (from an approved provider)
✅ Business Name and Location Approval from city or county
✅ All required fees
📍 Mail to:
DMV Business Licensing Unit
1905 Lana Ave NE, Salem, OR 97314
☎️ (503) 945-5052
Let Us Help You Get Licensed—Fast
At Quickerbonds.com, we specialize in:
Affordable Oregon dealer bonds with super fast quotes and same-day issuance
Affordable Garage liability insurance compliant with ORS 822.033
Personalized service with real agents ready to help
Whether you're a new dealer or renewing your certificate, we’ve got you covered.
Need Help With Your Bond or Insurance?
📞 Call us now at (888) 959-2299
🖥️ Or start your application online
Additional Info for Oregon Dealers
Renewing? You need 4 hours of continuing education per year (12 hours total for 3 years)
Changing Business Info? You must file a correction form (Form 735-371) with updated bond & insurance
Opening Another Location? Submit a supplemental application (Form 735-372)
Dealer Plates? Only valid on vehicles owned/inventory of the dealership—not for commercial use
Why Dealers Choose All American Bonds and Insurance
✅ 15+ Years of Industry Experience
✅ Fast Turnaround on All Bonds and Certificates
✅ Competitive Rates for New and Experienced Dealers
✅ Trusted by Thousands Nationwide
Start Today—No Delays, No Guesswork
Get your Oregon dealer bond and insurance from the experts who do it every day. We'll walk you through the process so you can focus on building your business.
Let’s get you licensed. Call us or start online today!
Common Bond Types: (Many others are available)
Oregon Contractor License Bond
Oregon NVOCC and OTI Bonds
Oregon Construction / Bid Bonds
Oregon Oregon Notary Bond
All Other Oregon Surety Bonds