ME motor vehicle dealer bonds.
Flat 3%. Enter your amount.
Maine requires every motor vehicle dealer to file a continuous bond with the Secretary of State, sized to last year’s sales. The amount steps from $25,000 to $100,000 by volume — file it on form MVD-390. We issue it at a flat 3% (one soft credit pull), $275 minimum.
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Three steps to licensed.
Your dealer license is waiting on this bond. Here is the whole thing — no broker phone tag:
Apply once, online
Business details, your dealership name, the bond amount your sales tier requires, and the effective date — plus a one-time consent to a soft credit pull.
Reviewed & approved
Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
E-sign & file with the Secretary of State
Pay online and receive the executed bond (form MVD-390) ready to file with your dealer license application. Wet-ink originals mailed whenever the state insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time per term, $275 minimum. Enter the figure your sales tier requires and the premium updates.
What it is and who needs it.
What the bond actually guarantees
Maine licenses motor vehicle dealers through the Secretary of State, Bureau of Motor Vehicles, and conditions the license on a continuous surety bond under 29-A M.R.S. §901(4). The bond is a consumer-and-public-protection guarantee: it stands behind clear title on the vehicles you sell and your compliance with Maine motor vehicle sales law.
The amount is tiered to your prior calendar year’s sales: $25,000 for 0–50 sales, $50,000 for 51–100, $75,000 for 101–150, and $100,000 for 151 or more. A new dealer bonds on projected sales, and most first-year applicants start at the $25,000 tier.
It's a three-party arrangement: you (the principal), the surety, and the Secretary of State together with harmed buyers. If a dealer fails to deliver clear title or misapplies a customer's money, the harmed party can recover against the bond — and if the surety pays, you repay the surety.
You need this bond if you're
Five minutes. The whole thing.
These are the actual underwriting fields, including the bond amount your sales tier requires and a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Maine dealer bond? +
Which bond amount applies to me? +
Do I pay the bond amount? +
Is there a credit check? +
Which form do I file, and where? +
Other New York bonds.
The Secretary of State is waiting on one document.
Flat 3%, $275 minimum, five-minute application, e-signed bond in 1–2 business days. Free until issued.