New Jersey motor vehicle dealer bonds.
$100 flat.
Also known as the New Jersey auto dealer bond or car dealer bond.
New Jersey requires every licensed new or used motor vehicle dealer to file a $10,000 bond with the Motor Vehicle Commission. Ours is $100 flat — one price, issued instantly. A quick soft credit check may apply; the bond is issued when you pay.
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How much does a New Jersey motor vehicle dealer bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps to licensed.
Your dealer license is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with the MVC
Pay online and receive the executed bond, dated so it runs through the March 31 license year, ready to file with your dealer license application. Wet-ink originals mailed whenever the state insists.
What it is and who needs it.
What the bond actually guarantees
New Jersey licenses motor vehicle dealers through the Motor Vehicle Commission, and conditions the license on a $10,000 surety bond under N.J.S.A. 39:10-19. The bond is a consumer-and-public-protection guarantee: it stands behind your compliance with the dealer licensing law and your payment of the taxes and fees you owe the State.
It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the State of New Jersey together with harmed buyers (the protected parties). If a dealer violates the licensing law or fails to deliver what a buyer paid for, the harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must run through the March 31 license year, so we date it to your license period and track the renewal for you.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $10,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
E-sign & file with the MVC. Pay online and receive the executed bond, dated so it runs through the March 31 license year, ready to file with your dealer license application. Wet-ink originals mailed whenever the state insists.
What sets the price
The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other New Jersey motor vehicle dealer bonds.
Not sure this is the one your license calls for? These are the other motor vehicle dealer bonds we write in New Jersey. Each has its own statute and bond amount.
Other New Jersey bonds.
The same bond in nearby states.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
The MVC is waiting on one document.
$100 flat, short application, bond issued when you pay. Free until issued.