Dealer Surety Bond in New Hampshire: $10,000–$100,000 Requirement
New Hampshire requires all licensed dealers to maintain a $10,000–$100,000 surety bond. Here is exactly what you need, what it costs, and what happens when a claim is filed.
Bond Requirement at a Glance
Amount varies by state and dealer license category. Contact your state DMV for the exact requirement.
Who Needs a Surety Bond in New Hampshire
Most states require a surety bond as a condition of obtaining and maintaining a dealer license.
- New vehicle dealer
- Used vehicle dealer
- Wholesale dealer
- Motorcycle dealer
How to Get a Bond in New Hampshire
Where to get it: Any state-licensed surety company
Use the state DMV-approved bond form. File with your dealer license application.
Annual Premium Cost
0.5%–3% of bond face value per year
Premium is based on your personal credit score. Good credit = lower annual cost.
How Claims Work
Injured buyer files with state DMV or directly with the surety company.
Valid claims are paid up to the bond face value. Dealer must reimburse the surety for any paid claims.
Penalties for Operating Without a Bond
New Hampshire-Specific Note
New Hampshire-Specific Facts for Dealer Surety Bond
New Hampshire Vehicle transfer fees and requirements
In New Hampshire, the title transfer fee is $25 and registration costs Based on vehicle weight; $31.20 - $103.20. Vehicle sales are subject to No sales tax; local municipal permit fees apply. New Hampshire does not require notarization for private-party vehicle transfers. Emission testing is required in New Hampshire — verify the vehicle passes before completing the sale.
- No state sales tax on vehicle purchases
- Annual safety and OBD emissions inspection required
- Registration done at town or city clerk
- Municipal permit fee based on vehicle value
New Hampshire sales tax on vehicle purchases
New Hampshire has a 0% state sales tax rate. No sales tax; municipal vehicle registration permit fees apply. Private-party vehicle sales in New Hampshire may be exempt from state sales tax. New Hampshire has no state sales tax; local permit fees vary. The title transfer fee is $25.
New Hampshire bill of sale statistics
BillOfSaleNow has generated 342 bill of sale documents for New Hampshire transactions, with 9 generated this month alone. The most popular vehicle type is car.
More New Hampshire Vehicle Guides
- Rebuilt Title Cars in New Hampshire
- Rental Vehicle Buyout in New Hampshire
- Repossession Redemption in New Hampshire
- Stolen Vehicle Recovery in New Hampshire
- Temporary Operating Permit in New Hampshire
- Trade-In Tax Credit in New Hampshire
Each guide is written specifically for New Hampshire laws, agencies, and procedures. Bookmark for future reference.
Frequently Asked Questions
How much is a dealer surety bond in New Hampshire?
New Hampshire requires a $10,000–$100,000 surety bond for licensed dealers. Amount varies by state and dealer license category. Contact your state DMV for the exact requirement.
Who requires a dealer surety bond in New Hampshire?
State DMV or Motor Vehicle Division requires the bond. Most states require a surety bond as a condition of obtaining and maintaining a dealer license.
How much does a dealer surety bond cost annually in New Hampshire?
Expect to pay 0.5%–3% of bond face value per year. Premium is based on your personal credit score. Good credit = lower annual cost.
What happens if a New Hampshire dealer doesn't have a surety bond?
Dealer license denial, suspension, or revocation. Possible criminal charges for operating without a bond.
How does a surety bond claim work in New Hampshire?
Injured buyer files with state DMV or directly with the surety company. Valid claims are paid up to the bond face value. Dealer must reimburse the surety for any paid claims.
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Generate Bill of SaleSource: State DMV Dealer Licensing Division. Verify current bond amounts with your state DMV before purchasing.