NC additional-location dealer bonds.
$750 flat. Soft pull.

North Carolina requires a used-vehicle dealer to file a $50,000 bond for the main lot, plus an additional $25,000 bond for each supplemental location, under G.S. 20-288. This page is the $25,000 additional-location bond — ours is $750 flat (3% of the bond), with a soft credit pull only.

Required for each supplemental dealer location under G.S. 20-288
Fixed amount, fixed price — $25,000 bond, $750, no quote process
Soft credit pull only — never affects your score, and the rate stays 3% either way
A-ratedA.M. Best carriers1–2 daystypical issuanceSoft pullnever affects your score
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 a licensed lot.

Your additional location is waiting on this bond. Here is the entire process — no broker phone tag:

TODAY · 5 MINUTES

Apply once, online

Business details, your dealer number, the new location, and the effective date — plus a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The soft credit pull never affects your score.

1–2 BUSINESS DAYS

File with the DMV

Pay online and receive the executed bond ready to file with the DMV License & Theft Bureau for your supplemental location.

The whole pricing page.

$25,000 bond × 3% = $750, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$750
2-year term
$1,500
3-year term
$2,250
About this bond

What it is and who needs it.

What the additional-location bond guarantees

North Carolina licenses motor vehicle dealers through the DMV License & Theft Bureau under G.S. 20-288. A dealer files a $50,000 surety bond for the primary place of business, and an additional $25,000 bond for each supplemental location. This page is the $25,000 supplemental bond.

The bond is a consumer-protection guarantee: it protects any person harmed by the dealer’s fraud, fraudulent representation, or violation of the motor vehicle dealer laws, including the failure to deliver good title. It is filed on the DMV’s dealer surety bond form (LT-409 / VS-409).

It is not insurance for you — if the surety pays a claim, you repay the surety. Dealers who deliver clean title and keep good records treat the bond as a license formality, not a risk. If you also need the $50,000 main-lot bond, ask us and we will write both.

G.S. 20-288 (DMV)Under N.C. Gen. Stat. § 20-288, a motor vehicle dealer must file a $50,000 surety bond for the principal place of business and an additional $25,000 bond for each supplemental place of business, conditioned to protect persons harmed by the dealer’s fraud or violation of the dealer laws, on the form prescribed by the DMV. This page is the $25,000 supplemental-location bond.

You need this bond if you are

Opening a supplemental used-vehicle lot that requires its own $25,000 bond
Adding a satellite location to an existing NC dealer license
Renewing the bond on an extra lot that is expiring or non-renewing
A multi-lot dealer bonding each additional place of business under G.S. 20-288

Five minutes. The whole thing.

These are the actual underwriting fields, including your dealer number and a one-time 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.

Why is this bond $25,000? +
Under G.S. 20-288, a North Carolina dealer files a $50,000 bond for the main lot and an additional $25,000 bond for each supplemental location. This page is the $25,000 additional-location bond.
Do I pay the $25,000? +
No. You pay $750 — a flat 3% of the bond amount. The $25,000 is the surety’s maximum liability to harmed buyers; it is not a deposit, and nobody holds your money.
Do I still need the $50,000 main-lot bond? +
Yes — the $50,000 bond covers your principal place of business, and this $25,000 bond covers an additional location. They are separate filings. If you need both, send us a note and we will write them together.
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? +
Terms run 1, 2, or 3 years — your choice at purchase. We send renewal notices 60 and 30 days before expiration, and the bond must stay active for the location to keep its license.
Related bonds

Other New York bonds.

The DMV is waiting on one document for your new lot.

$750 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.

Your premium @ 3%$750
Apply now →