Nevada Motor Vehicle Dealer Bond - Get Your Free Quote Today!

Nevada Motor Vehicle Dealer Bond

A Motor Vehicle Dealer Bond is required by the state of Nevada as a part of the business licensing requirements; this must be done before a dealer can conduct business.

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What is a Nevada Motor Vehicle Dealer Bond?

Auto dealer bonds in Nevada are mandatory to obtain to operate a business legally in the state. This motor vehicle dealer bond, similar to other surety bonds, acts as an agreement between three separate parties the vehicle dealer (principal), the Nevada State Department of Motor Vehicles (obligee), and the surety company. If the buyer is harmed due to fraud or illegal business, a claim can be made against the bond.

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Bonding Solutions | Nevada Motor Vehicle Dealer Bond
Bonding Solutions | Nevada Motor Vehicle Dealer Bond
Bonding Solutions | Nevada Motor Vehicle Dealer Bond

How much will my Nevada Motor Vehicle Dealer Bond Cost?

The pricing of surety bonds depends on industry regulations and the applicant’s personal credit. Typically the cost rates range from 0.5% to 8% of the full bond amount. Nevada vehicle dealer bonds pricing is shown below:

  • $10,000- Utility or boat trailer dealers that weigh 3,500 lbs or less without any cargo.
  • $50,000- Motorcycles, utility or horse trailers (excluding mobile homes of any kind) and which weigh 3,501 lbs or more without cargo
  • $100,000- Any other motor vehicles

Bonding Solutions has guided clients and agents to receive industry-low pricing on their auto dealer bonds for over 20 years. Receive a free quote today.

Why is this Nevada Auto Dealer Bond Required?

The state of Nevada requires auto dealers to acquire a surety bond to ensure the public that all state rules and statutes will be followed. If the consumer is wronged by the motor vehicle dealer by any fraud or illegal business actions, then a claim can be made against the bond.

How do I get started?

Posting a motor vehicle dealer bond is easy at Bonding Solutions. We guide you through the entire process, making it as simple as possible still. Start by taking our two-minute online application or call. After we receive the information that is needed, we will present our low pricing along with the terms. Finally, you pay for your bond, then we will email and ship you the bond the same day.

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