Oregon Vehicle Dismantling Bond

The Oregon Vehicle Dismantling Bond is a type of surety bond required by the Oregon Department of Transportation, in the amount of $10,000.  The cost of the surety bond is usually the minimum premium and fees of $150. Surety1 will shop its many markets to procure the right price at the right terms.

How to get an Oregon Vehicle Dismantling Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Oregon Vehicle Dismantling Bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

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Who Needs this Surety Bond?

In Oregon, anyone who wants to engage in the business of buying, selling, dismantling, or substantially altering motor vehicles needs an Oregon Vehicle Dismantling license. This includes:

• Junkyards or salvage yards that buy and sell used vehicles or vehicle parts.
• Auto recyclers who dismantle vehicles and sell the parts.
• Repair shops that dismantle vehicles for repair purposes (if they also sell major vehicle parts).
• Individuals who regularly buy and dismantle vehicles as a side hustle.

There are no exemptions to the licensing requirement. Even if you only dismantle a few vehicles per year, you still need a license and Oregon Vehicle Dismantling Bond.

What are the steps to become a Licensed Vehicle Dismantler in Oregon?

1. Complete the Application
2. Get city, county and/or local government approval of your business location
3. Supply a plat map or hand-drawn map of your business location
4. Secure a $10,000Oregon Vehicle Dismantling Bond
5. Pay the $800 application fee
6. Submit all the requirements to the DMV

Here are some helpful resources:

• ODOT – Dismantlers: https://www.oregon.gov/odot/dmv/pages/dealers/dismantlerbecome.aspx: https://www.oregon.gov/odot/dmv/pages/dealers/dismantlerbecome.aspx 
• ODOT – FAQs Related to Dismantlers: https://www.oregon.gov/odot/dmv/pages/faqs/dismantlers.aspx: https://www.oregon.gov/odot/dmv/pages/faqs/dismantlers.aspx