A Nevada DMV dealer distributor is a person or business entity which sells new vehicles to auto dealerships. They are not, however, manufacturers of the vehicles that they sell.
Dealer distributors are regulated by the Nevada Department of Motor Vehicles, Occupational and Business Licensing Division.
To obtain the Nevada DMV dealer distributor license all of the following must be done:
In addition to other rules, a surety bond is required.
The amount of the surety bond required will depend on the type of new vehicles the distributor sells to dealerships.
Nevada DMV distributorships who sell motorcycles are required to purchase a bond for $50,000.
For utility and boat trailers weighing 3500 lbs., or less, the bond amount required is $10,000.
All other types of vehicles for Nevada dealer distributors require a surety bond of $100,000.
While the bond amounts range from $10,000 to $100,000, applicants for any of these bonds will pay only a small percentage of the bond’s face amount.
That amount will be determined by two criteria:
AmeriPro Surety Bonds will work with you to obtain the best pricing for your Nevada dealer distributor bond.
We will do so regardless of your credit history; however, bear in mind that applicants with challenged credit scores will pay a higher premium amount.
AmeriPro Surety Bonds provides Nevada contractor, court, and license and permit bonds.
We also provide surety bonds for all 50 states.