If you are a Vehicle Dealer, Motorcycle Dealer or Auto Recycler in New Mexico, you need to apply for a license through the New Mexico Motor Vehicle Division and obtain a Vehicle Dealer, Auto Recycler or Motorcycle Dealer Surety Bond. Licenses are required for retail dealers, wholesaler dealers, manufacturers and auto recyclers. Dealers include new and used car and truck dealers (auto dealers), boat dealers, ATV dealers, motorcycle dealers, trailer dealers, snowmobile dealers, jet ski dealers and recreational vehicle dealers.
The premium that you pay for a New Mexico Vehicle or Motorcycle Dealer or Auto Recycler Surety Bond is dependent on credit and the bond amount required.
Check out our FAQ page. Should you need or choose to buy a surety bond, 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