Nebraska requires a licensed motor vehicle auction dealer to file a $100,000 bond with the Motor Vehicle Industry Licensing Board — double the standard dealer bond. Ours is $3,000 flat — 3% of the bond amount. One soft credit pull, e-signed in 1–2 business days.
















Your auction license is waiting on this bond. Here is the entire process:
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
A larger bond may get a closer look, but most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The soft pull never affects your score.
Pay online and receive the executed $100,000 bond, ready to file with your auction dealer license application. Wet-ink originals mailed whenever the Board insists.
$100,000 bond × 3% = $3,000, one-time per term. Auction licenses run on a calendar year and renew December 31; pick the term that matches.
Nebraska licenses motor vehicle auction dealers through the Motor Vehicle Industry Licensing Board and sets their bond at $100,000 — twice the standard dealer figure, reflecting the volume of vehicles and money that move through an auction.
The bond is a consumer-and-public-protection guarantee backing the auction’s compliance with the Nebraska Motor Vehicle Industry Licensing Act — clear title, proper handling of funds, and honest dealing. Harmed buyers, sellers, and dealers can recover against it.
It is not insurance for you — if the surety pays a claim, you repay the surety. Auctions that deliver clean title and settle accounts promptly treat the bond as a license formality.
These are the actual underwriting fields, including 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 →If yours isn't here, the bond team can usually answer within the hour.
$3,000 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.