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 Needs a Oregon Motor Vehicle Dealer Bond?

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.

If you’re applying for a Three-Year Oregon Vehicle Dealer Certificate, the DMV requires you to submit:

• A $50,000 Oregon Motor Vehicle Dealer Surety Bond

• A Dealer Liability Insurance Certificate

We help you get both—fast, affordably, and 100% DMV-compliant.

Oregon Motor Vehicle Dealer Bond Amounts and Requirements

The Oregon auto 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.

How to Apply for a Oregon Motor Vehicle Dealer License

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

Let Us Help You Get Licensed—Fast

At All American Bonds and Insurance, we specialize in:

• Oregon dealer bonds with super fast quotes and same-day issuance

• 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.

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

Auto Dealer Liability Insurance: What’s Required?

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)

⚠️ DMV does not accept ACORD certificates. We provide the exact DMV-compliant form they require.

Need Help with Garage Liability Insurance?

At All American Bonds and Insurance, we specialize in insuring licensed auto and powersports dealers in Oregon. Whether you're starting your first dealership or expanding operations, we’ll help you choose the right protection at a competitive rate.

✅ Fast quotes
✅ Low down payments
✅ Coverage that meets dealer board and lender requirements

📞 Call us at (844) 321-2663 or Get a Quote Now!