New Hampshire Vehicle Dealer Surety Bond
If you are a Vehicle Dealer in New Hampshire, you need to apply for a license and obtain a Motor Vehicle Dealer Surety Bond in the amount of $25,000. The New Hampshire Department of Safety, Division of Motor Vehicles (known as the DMV) requires the following dealers to apply for a license: retail vehicle dealers, motorcycle dealers and utility dealers.
Surety Bond and License Requirements:
- Complete the application, pay the license fee, and be able to pass a criminal background check.
- Have an established business location and regular business hours 37.5 hours per week, and exterior signage with at least 10-inch letters visible from the roadway.
- Motorcycle and retail vehicle dealers must have permanent heating and electric in the building and at least 750 square feet for lot display.
- Obtain a $25,000 surety bond issued to the name of the business and contains the legal business address.
How Much Will This Bond Cost?
The premium that you pay for a New Hampshire Vehicle Dealer Surety Bond is dependent on credit.
Related Links:
New Hampshire Retail Vehicle Dealer InformationMore Surety Bond Questions?
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application
