New Jersey used motor vehicle dealer bonds.
$100 flat.
Also known as the New Jersey auto dealer bond or car dealer bond.
New Jersey requires every licensed motor vehicle dealer to file a $10,000 bond with the Motor Vehicle Commission. Ours is $100 flat — the price our carrier's rate book sets for this bond, identical for every dealer. License bonds like this issue instantly.
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How much does a New Jersey used 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 online
Business details, owner information, effective date. That is the application. No credit check.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
File with the MVC Dealer Unit
The MVC requires the original bond mailed to its Business Licensing Services Bureau, Dealer Unit — we send the executed bond ready to mail, signed by you as principal, with your dealer license application or renewal.
What it is and who needs it.
What the bond actually guarantees
New Jersey licenses motor vehicle dealers through the Motor Vehicle Commission (MVC) under N.J.S.A. 39:10-19, and conditions the license on a $10,000 surety bond. The bond is a consumer-and-public-protection guarantee: it stands behind clear title on the vehicles you sell and your compliance with New Jersey's motor vehicle sales laws.
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 fails to deliver clear title, misapplies a customer's deposit, or otherwise violates dealer law, 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 MVC requires the original wet-ink bond on file; we issue it ready to sign and mail to the Dealer Unit, and keep your $10,000 filing continuous.
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 bond runs to March 31 whatever day you buy; the premium covers the period to that date.
Renewal falls on the statutory date, March 31, in the year your term ends.
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
File with the MVC Dealer Unit. The MVC requires the original bond mailed to its Business Licensing Services Bureau, Dealer Unit — we send the executed bond ready to mail, signed by you as principal, with your dealer license application or renewal.
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.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check. The MVC wants the wet-ink original, so we mail it ready to sign.
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.
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, no credit check, bond often issued in the same sitting. Free until issued.