Bond Amount | Cost* | Term | Apply Now |
---|---|---|---|
$10,000 | $100 | 1 year | START APPLICATION |
$50,000 | $200 | 1 year | START APPLICATION |
$100,000 | $450 | 1 year | START APPLICATION |
The State of Nevada requires that any entity which conducts the business of buying, selling, transporting, manufacturing, distributing, brokering or dealing in new or used vehicles, trailers, motorcycles and semitrailers to maintain a surety bond to obtain their license. The Nevada Motor Vehicle Dealer Surety Bond protects consumers that are injured by the actions of the licensed business or its sales people either through fraud or fraudulent acts or in violation of Chapter 482 or Chapter 490 of the Nevada Revised Statutes or Nevada Administrative Code
The required bond amount varies based on the type of vehicles sold by the dealer:
Here are some helpful forms to assist with the application process:
Application for Business License and Garage Registration (OBL237)
Personal History Questionnaire (OBL242)
The surety bond is just one of the requirements for obtaining a Nevada Dealer License. The following document provides the complete checklist for obtaining a Nevada Motor Vehicle Dealer Surety Bond: Dealer, Distributor, Lessor, Manufacturer and Rebuilder Information.