Dealer Surety Bond in Oregon: $10,000–$100,000 Requirement
Oregon 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 Oregon
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 Oregon
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
Oregon-Specific Note
Oregon-Specific Facts for Dealer Surety Bond
Oregon Vehicle transfer fees and requirements
In Oregon, the title transfer fee is $98.5 and registration costs $122 - $306 for 2-year registration. Vehicle sales are subject to No sales tax; 0.5% statewide transit tax on new vehicles. Oregon does not require notarization for private-party vehicle transfers. Emission testing is required in Oregon — verify the vehicle passes before completing the sale.
- No state sales tax on vehicle purchases
- DEQ emissions testing required in Portland and Medford areas
- Title transfer within 30 days of purchase
- Use fuel tax applies to electric vehicles
Oregon sales tax on vehicle purchases
Oregon has a 0% state sales tax rate. No sales tax; 0.5% statewide transit tax on new vehicles only. Private-party vehicle sales in Oregon may be exempt from state sales tax. Oregon has no state sales tax on vehicle purchases. The title transfer fee is $99.
Oregon bill of sale statistics
BillOfSaleNow has generated 1,038 bill of sale documents for Oregon transactions, with 28 generated this month alone. The most popular vehicle type is car.
More Oregon Vehicle Guides
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- Fleet Vehicle Sale in Oregon
- GAP Insurance Claim in Oregon
- Government Surplus Vehicle in Oregon
- Hit-and-Run Vehicle Claim in Oregon
- Hold Harmless Vehicle Sale in Oregon
Each guide is written specifically for Oregon laws, agencies, and procedures. Bookmark for future reference.
Frequently Asked Questions
How much is a dealer surety bond in Oregon?
Oregon 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 Oregon?
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 Oregon?
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 Oregon 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 Oregon?
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.