NM motorcycle dealer bonds.
$375 flat. Soft pull.

New Mexico requires a dealer licensed to sell motorcycles only to file a $12,500 surety bond with the Motor Vehicle Division under §66-4-7. Ours is $375 flat — 3% of the bond amount, identical for every dealer. One soft credit pull, e-signed in 1–2 business days.

Required for a NM motorcycle-only dealer license — new applicants and renewals through the MVD
Fixed amount, fixed price — $12,500 bond, $375, no quote theater
Soft credit pull only — never affects your score, and the rate stays 3% either way
A-ratedA.M. Best carriers1–2 daystypical issuance1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps to licensed.

Your motorcycle-dealer license is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · 5 MINUTES

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.

WITHIN 48 HOURS

Reviewed & approved

Most of these 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.

1–2 BUSINESS DAYS

E-sign & file with the MVD

Pay online and receive the executed bond ready to file with your dealer license application. The bond runs concurrently with the license, which expires March 31 each year. Wet-ink originals mailed whenever the state insists.

The whole pricing page.

$12,500 bond × 3% = $375, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$375
2-year term
$750
3-year term
$1,125
About this bond

What it is and who needs it.

What the bond actually guarantees

New Mexico licenses vehicle dealers through the Taxation and Revenue Department's Motor Vehicle Division, and §66-4-7 sets a reduced bond for a dealer of motorcycles only: $12,500, versus the $50,000 bond a full motor-vehicle dealer files. The bond is a buyer-protection guarantee.

It is payable to the state for the use and benefit of the purchaser and the purchaser's vendees, conditioned on payment for any loss caused by failure of the title, fraudulent misrepresentation, or breach of warranty as to freedom from liens on a motorcycle sold by the dealer. If a buyer is harmed, they can recover against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. The bond runs concurrently with the license (which expires March 31), so we track it and send renewal notices 60 and 30 days out to keep your filing continuous.

NMSA 1978 §66-4-7 (Motor Vehicle Division)NMSA 1978, Section 66-4-7 requires an applicant for a dealer's license for motorcycles only to procure and file a $12,500 corporate surety bond with the Motor Vehicle Division, payable to the state for the benefit of purchasers and conditioned on loss from failure of title, fraudulent misrepresentation, or breach of warranty as to freedom from liens. The corporate surety must be authorized in New Mexico and the form approved by the attorney general. The bond runs concurrently with the dealer license, which expires March 31.

You need this bond if you're

Applying for a NM motorcycle-only dealer license — the bond is filed with your application
Renewing your dealer license before the March 31 expiration
Selling motorcycles exclusively — full auto dealers post the $50,000 bond instead
Moving to New Mexico from another state and getting licensed here

Five minutes. The whole thing.

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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the New Mexico motorcycle dealer bond? +
The premium is $375 — a flat 3% of the fixed $12,500 bond amount, the same for every motorcycle dealer. The $12,500 is set by §66-4-7, so there is no quote process.
Do I pay the $12,500? +
No. You pay $375. The $12,500 is the surety's maximum liability to harmed buyers — not a deposit, and nobody holds your money.
Why is this bond smaller than the regular dealer bond? +
Section 66-4-7 sets a reduced $12,500 bond for a dealer licensed to sell motorcycles only. A full motor-vehicle dealer, wholesaler, distributor, auto recycler, or title service company files the $50,000 bond instead.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It informs approval, not price. The rate is a flat 3% either way: credit can affect whether we approve the bond, never what it costs.
When does it renew? +
The bond runs concurrently with your dealer license, which expires March 31 each year. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.
Related bonds

Other New York bonds.

The MVD is waiting on one document.

$375 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.

Your premium @ 3%$375
Apply now →