New York motor vehicle dealer bonds.
From $120.
Also known as the New York auto dealer bond or car dealer bond.
The DMV won't finish your dealer registration without this bond. Premiums are 0.6% of the bond amount: $120 on the $20,000 bond most dealers carry, $600 on the $100,000 bond. E-signed in 1–2 business days.
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How much does a New York motor vehicle dealer bond cost?
0.6% of the bond amount, from $120 at the $20,000 minimum. Enter your amount in the calculator for the exact price.
Three steps between you and the lot.
Your facility application is waiting on this bond. Here's the entire process — no broker phone tag, no faxes:
Apply once, online
Business details, your dealer facility number, effective date. The application is the complete set of fields the carrier underwrites from.
Reviewed & approved
Most dealer bonds clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. Any credit check is a soft pull that never affects your score.
E-sign & file with the DMV
Pay online and receive the executed bond ready to file with your dealer registration. Wet-ink originals mailed whenever the DMV office insists.
What it is and who needs it.
What the DMV is actually asking for
A dealer bond is a consumer-protection guarantee. If a dealer fails to deliver clear title, rolls back an odometer, keeps a deposit improperly, or otherwise violates dealer law, the harmed customer can recover against the bond.
It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the DMV / your customers (the obligee and beneficiaries). You pay a premium; the surety puts its name under yours.
It is not insurance for you. If the surety ever pays a claim on your behalf, you repay the surety — which is why dealers who run clean operations treat the bond as a registration formality, not a risk.
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 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.
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 DMV. Pay online and receive the executed bond ready to file with your dealer registration. Wet-ink originals mailed whenever the DMV office insists.
What sets the price
The premium is 0.6% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not 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: approved instantly, or after a quick credit check.
These are the actual underwriting fields. Submit, and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
Other New York bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
The DMV is waiting on one document.
Pricing from $120, e-signed bond in 1–2 business days. Free until your bond is issued.