The North Dakota Motor Vehicle Dealer bond is a License Surety Bond that serves to protect North Dakota's citizens by providing a path for recourse in situations where an Auto Dealer does not adhere to the laws, rules, and regulations as set in North Dakota state legal statutes. A North Dakota Motor Vehicle Dealer bond may be required as part of the Motor Vehicle Dealer licensing and/or vehicle registration process.
In North Dakota, the required Motor Vehicle Dealer bond amount is as follows:
You should always check with the North Dakota Department of Transportation Motor Vehicle Division, or requesting agency, for the most current required North Dakota Motor Vehicle Dealer bond amount as well as the required bond forms.
Viking Bond Service, Inc. writes North Dakota Motor Vehicle Dealer bonds. We can assist both clients with good credit, and clients with bad credit. Typically, the worse the credit, the higher the surety bond premium will be. In either case, we always work to get the best quote for you. Viking has partnered with markets that welcome North Dakota Motor Vehicle Dealer bond applications and provide competitive quotes for them.
(See Also: Cost Expectations for Auto Dealer Bonds)
Quotes are available for clients with low credit. In many cases, a bond is not out of reach simply due to bad credit.