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Oklahoma used MV auction dealer bonds.
$700 flat.
To run a used motor vehicle auction in Oklahoma, a dealer files a $50,000 bond with the Used Motor Vehicle, Dismantler, and Manufactured Housing Commission under 47 O.S. §583. Ours is $700 flat, set by our carrier for this bond. One soft credit pull may apply; the bond is issued when you pay.
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Three steps to licensed.
Your auction-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. The only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with OUMVDMHC
Pay online and receive the executed bond, approved as to form, ready to file with your used motor vehicle auction dealer application. Wet-ink originals mailed when the Commission insists.
What it is and who needs it.
What the bond actually guarantees
Oklahoma licenses used motor vehicle dealers through the Used Motor Vehicle, Dismantler, and Manufactured Housing Commission (OUMVDMHC) — formerly the Used Motor Vehicle and Parts Commission. A dealer who intends to conduct a used vehicle auction must file a $50,000 bond under 47 O.S. §583.
The bond is a consumer-and-public-protection guarantee: it stands behind clear title on the vehicles sold through the auction and the dealer's compliance with Oklahoma's motor vehicle sales laws. It is a three-party arrangement — you (the principal), the surety, and the Commission together with harmed buyers.
The statute lets an auction applicant reduce the bond to $25,000 by carrying check and title insurance of at least $50,000. The bond is approved as to form by the Attorney General and runs on the Commission's odd-year cycle. It is not insurance for you — if the surety pays, you repay the surety.
You need this bond if you're
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 Oklahoma 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 Oklahoma. Each has its own statute and bond amount.
Other Oklahoma bonds.
OUMVDMHC is waiting on one document.
$700 flat, short application, bond issued when you pay. Free until issued.