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North Dakota Motor Vehicle Dealer Bond

Bond Requirements and Online Application

Motor vehicle dealers are required to post a Motor Vehicle Dealer Bond as part of the process to license the dealership. The amount of the bond depends on what type of vehicles are to be sold, the amount of vehicles you plan to sell, and other factors. Read our Car Dealer License Guide to learn more about how to get your dealership licensed and bonded.

motor vehicle dealer bond

Surety Bond

  • Required by: North Dakota Department of Transportation
  • Minimum Bond Amount: $25, 000
  • Maximum Bond Amount: Varies
  • Valid: 1 year – Expires December 31st – Renewable

The price for the bond, also known as the bond premium, is only a small fraction of the bond amount.

This bond guarantees the principal will abide by all North Dakota state laws and regulations.

The bond must be renewed before December 31st in order for it to remain valid. This is required by the obligee, not the surety company.

The applicant should verify the bond amount with the obligee before applying for the bond to ensure the bond amount is correct.

Licensing

Surety1 is not directly involved with the licensing process, but we’ve compiled this information which may helpful for you.

State licensing fees and requirements:

  • Surety bond
  • License application
  • Supporting application documents
  • $100 licensing fee
  • $100 inspection fee
  • Franchise agreement
  • Business location

All licensing fees are required by the obligee, not the surety company.

More than four vehicles must be sold annually in order to keep the license.

License renewals are due annually December 31st.

For more licensing information, visit North Dakota’s official page.

 

How to Get Your North Dakota Motor Vehicle Dealer Bond

1. Complete an online application. It's free and no-obligation. 2. One of our surety experts will contact you with a firm quote and an agreement to sign. 3. Provide payment and your signed agreement, and then you will receive your North Dakota Motor Vehicle Dealer Bond!   If you have any questions, please call us at 877-654-2327.
HOW TO GET BONDED
1. Apply Online Using our Free & Secure Application 2. Get Your Free Quote Applications are No-Obligation 3. Get Your Bond Most Bonds are Approved in 1-2 Business Days

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