A Motor Vehicle Dealers in North Dakota is required to apply for a license through the North Dakota Department of Transportation, Motor Vehicle Division and obtain a Motor Vehicle Dealer Surety Bond in the amount of $25,000.
A motor vehicle dealer is defined as a new or franchise dealer, a used dealer (also known as a car dealer or auto dealer), a motor-powered recreational vehicle dealer (MPR dealer), a trailer dealer or a mobile home or manufactured home dealer and includes the sales of cars, trucks, recreational vehicles (RVs), house trailers, travel trailers, motorcycles, all terrain vehicles (ATVs) and snowmobiles.
The premium you pay for a North Dakota Motor Vehicle Dealer bond is dependent on credit and experience in the motor vehicle industry.
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