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Oklahoma used vehicle rebuilder bonds.
$105 flat.

A used motor vehicle dealer applying for a rebuilder certificate files a $15,000 bond with the Used Motor Vehicle, Dismantler, and Manufactured Housing Commission. Under 47 O.S. § 583 it is in addition to the dealer bond you already carry, not a replacement for it. Ours is $105 flat.

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Required for a rebuilder certificate under 47 O.S. § 583, on top of your used dealer bond
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Reaches consumers, dealers and auctions — but not floor-plan or inventory financiers
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Fixed price, fixed amount — $15,000 bond, $105 flat, no quote round-trip
A-ratedA.M. Best carriersInstantissuance at checkoutSoft pull onlynever a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Oklahoma used vehicle rebuilder bond cost?

$105 at the $15,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Rebuilder bonds are about the simplest thing in surety. Here is the entire process:

TODAY · ONLINE

Apply online

Business details, years in business, your locations, and an effective date. No financials and no schedule of salvage inventory.

INSTANTLY

Pay & e-sign

The price is final before you pay, and the executed bond and power of attorney generate on the spot. Any credit screen here is a soft pull that leaves your score untouched.

SAME DAY

File with the Commission

Send it with your rebuilder application, alongside the separate used motor vehicle dealer bond the Commission also holds. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the rebuilder bond actually guarantees

A rebuilder takes a wrecked or salvage vehicle, restores it, and puts it back on the road with a rebuilt title. That title is the risk. The buyer is trusting that the repairs were real, the parts were legitimate, and the paperwork describes the car that is actually in front of them — which is why Oklahoma bonds the certificate separately from the dealer license and conditions it on the issuance of a certificate of title by name.

The bond is held to the State of Oklahoma for the benefit of anyone with a right of action against you as a rebuilder. It voids only if you conduct the business without practising fraud or making fraudulent representations, without violating the Used Motor Vehicle Dealer Laws or the Commission's rules, and if you indemnify anyone who suffers loss from that fraud, from a title you issued, or from any other violation. It reaches consumers, used motor vehicle dealers and auctions alike.

One mechanic to know. The obligation follows the business without any notification to the surety: a change of corporate officers, a change of LLC members, additional locations or an address change, or a substitution of business name where ownership is unchanged are all covered automatically. And it is a hard-dated instrument — 47 O.S. § 583(B) provides that all bonds and licenses issued under the act expire December 31 following the date of issue, and since January 1, 2016 licenses are issued for two-year periods. Keep it continuous: a lapse in coverage during licensure is grounds for revocation. It is not insurance for you; if the surety pays, you reimburse the surety.

47 O.S. § 583 · Oklahoma Used Motor Vehicle, Dismantler, and Manufactured Housing CommissionSection 583 of Title 47 (License required — Application — Fees — Specifications and display — Bond — Liability insurance) requires a used motor vehicle dealer applying for a rebuilder certificate to procure and file with the Commission a good and sufficient bond in the amount of Fifteen Thousand Dollars ($15,000.00), in addition to any other bonds required — the Commission's own bond form recites that the principal has already submitted a separate used motor vehicle dealer bond. The condition covers fraud, fraudulent representations, violations of the Oklahoma Used Motor Vehicle Dealer Laws at 47 O.S. § 581 et seq. and the Commission's rules, and loss or damage caused by the issuance of a certificate of title. The obligation benefits any person, whether a consumer, used motor vehicle dealer or used motor vehicle auction. Section 583(B) provides that bonds and licenses issued under the act expire December 31 following the date of issue, and since January 1, 2016 licenses are issued for two-year periods; if the bond is cancelled, the license is revoked as of the cancellation date unless a new bond is furnished. Confirm your effective date and renewal cycle with the Commission.

You need this bond if you're

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Applying for an Oklahoma rebuilder certificate as a licensed used motor vehicle dealer
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Renewing the certificate on the two-year, December 31 cycle the statute sets
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Reinstating a certificate that was revoked after a lapse in bond coverage
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Adding rebuilt-title work to a used dealership that until now only retailed clean-title inventory
After you buy

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 $15,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

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 Commission. Send it with your rebuilder application, alongside the separate used motor vehicle dealer bond the Commission also holds. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $105 at the $15,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or 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, issued instantly.

These are the actual issuing fields. The application carries a credit consent, and it authorizes a soft inquiry only.

Start the application →
FAQ

Common questions.

How much is the Oklahoma used motor vehicle rebuilder bond?The premium is $105 flat — set by our carrier's rate book for this bond, the same for every rebuilder. The $15,000 amount is fixed by 47 O.S. § 583, so there is no quote process on either number.
Do I pay the $15,000?No. You pay the premium. The $15,000 is the surety's maximum liability if someone recovers against you as a rebuilder — it is not a deposit, and nobody holds your money.
How fast will I have the bond?The bond issues the moment you pay — most rebuilders finish the application and have the executed bond and power of attorney in the same sitting. The Commission wants the original filed with your rebuilder application, so ask for the wet-ink copy at checkout.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. No hard inquiry ever runs on this bond, and the price does not change with the result.
Does this replace my used motor vehicle dealer bond?No. 47 O.S. § 583 requires the $15,000 rebuilder bond in addition to any other bonds required, and the Commission's bond form recites that a separate dealer bond has already been submitted. You keep both on file.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

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Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Add rebuilt titles to your lot this week.

One short application, a soft pull at most, and an executed bond ready for the Commission alongside your dealer bond. Free until issued.

Your price$105
Apply now →