1 (844) 589-9732

Oregon Auto Dealer Bond

An Oregon auto dealer is required to maintain an Oregon auto dealer bond in one of two amounts: $10,000 and/or $50,000. Motorcycle, ATV, and off terrain vehicles require the smaller bond; auto vehicle dealers require the larger. AmeriPro Surety Bonds helps you with both for the best pricing: 844-589-9732.

Oregon Auto Dealer Bond | AmeriPro Surety Bonds | 844-589-9732

 

 

AmeriPro Surety Bond provides an Oregon auto dealer bond for both newly licensed applicants and those who are renewing an existing license.

We provide some information below for those who may wish or need to obtain an auto dealer license.

 

 

 

Oregon Auto Dealers

 

 

 

Oregon auto dealers who sell new and/or used or pre-owned vehicles are licensed and regulated by Oregon Driver and Motor Vehicles, Business License Unit .

Businesses or individuals who sell 5 or more vehicles within a calendar year are legally obligated to register as an Oregon auto dealer.

Failure to do so may subject the violator of fines up to $5,000 per vehicle sold, and a misdemeanor conviction.

 

 

 

Becoming Licensed as an Oregon Auto Dealer

 

 

 

Involved in becoming a licensed Oregon auto dealer are the following:

  • An applicant for dealer licensing must first complete an 8-hour pre-licensing auto dealer course. The state of Oregon offers approved pre-licensing course administrators for your convenience;
  • Tests during the pre-licensing course will be administered at regulated intervals. An applicant must score at least 70% on each test to receive a passing score;
  • The applicant will need to complete a Oregon DMV dealer licensing application ;
  • Applicants will need to pay an original certificate fee of $1187, and $350 for each additional location;
  • The structure of the business will be required, along with the business’s FEIN number;
  • Applicants will be asked about their prior personal history, but only to the extent that it relates to any prior suspensions or revocations —in Oregon —or elsewhere of any auto dealer licensing;
  • Pictures of all owners of the auto dealer company along with their current residential addresses are required to be attached to the application;
  • Applicants, both new and renewal, are required to maintain a surety bond. The Oregon Department of Transportation is the obligee.

 

 

Oregon Auto Dealer Bond: Amounts Required

 

 

 

The Oregon auto dealer bond, again, is required of auto dealers who sell 5 or more vehicles in the state.

The bond will be in one of two amounts according to Oregon law :

  • Oregon auto dealers who sell motorcycles, mopeds, ATV(all terrain vehicles), or snowmobiles are required to obtain an auto dealer bond for $10,000;
  • Oregon auto dealers who sell new or used vehicles are required to obtain an Oregon auto dealer bond for $50,000.00.

 

 

Oregon Auto Dealer Bond: Purpose of this Surety Bond

 

 

 

Regardless of the amount chosen, the purpose of the Oregon auto dealer bond is to protect the consumer from violations of the law, including, fraud, theft or criminal malfeasance in the performance of their duties as an auto dealership.

 

 

 

Oregon Auto Dealer Bond: The Premium and Duration of the Surety Bond

 

 

 

The premium for the lower of the two surety bonds is purchased for a period of 3 years.

Therefore, the premium for the $10,000 surety bond may be as low as a payment of $300; $100 for each year.

The $50,000 Oregon auto dealer bond may have a premium as low as $750.00

The $50,000 surety bond renews on an annual basis, concurrent with dealer licensing.

Applicants will pay a premium amount subject to a soft pull credit check.

And, AmeriPro Surety Bonds will work on your behalf to find the best surety bond pricing.

 

 

 

About AmeriPro Surety Bonds

 

 

 

AmeriPro Surety Bonds offers thanks you for your consideration of our agency for your surety bond needs.

You will not regret the service we provide; we will work diligently for your interests.

AmeriPro Surety Bonds is a surety bond-only agency which provides license and permit, contractor, and court bonds throughout Oregon.

We also provide surety bonds in all 50 states and we welcome the opportunity to gain your business.

 

 

 

Please call us today at 844-589-9732.

Request a Callback

  • Date Format: MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Utah Guardian Bond

Utah Guardian Bond | AmeriPro Surety Bonds 844-589-9732       Guardian/Conservator Surety Bond; Amount and Purpose       A court-appointed Utah guardian is one who oversees the wellbeing of either a minor or an incapacitated adult.  As a...

Utah Replevin Bond

Utah Replevin Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond; Purpose       An action of replevin, which is also known as a writ of attachment, occurs in a civil litigation proceeding.  By order of the presiding court, a...

Texas Replevin Bond

Texas Replevin Bond |AmeriPro Surety Bonds 844-589-9732       Surety Bond; Amount and Purpose       An action of replevin (also sometimes referred to as a writ of attachment, and in Texas, a sequestration bond) occurs in a civil court...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)