Dealer Bond Program

Dealer Surety Bonds

This program is offered to any member who meets the criteria required through the application process, obtains a credit report and, if applicable, has necessary financial statements reviewed.

The New Hampshire dealer bond law (RSA 261:98):

• The bond amount was increased to $25,000 for all dealers; and (All dealers [anyone selling more than five vehicles per year] in New Hampshire must obtain this $25,000 bond to become licensed and do business in the state.)
• The bond covers default or nonpayment of dealer checks for the purchase of vehicles; the failure of the dealer to provide the consumer with a valid title, free of all liens; the dealer’s intentional or knowing failure to disclose actual mileage; and stolen vehicles.
• The premium for this $25,000 bond is: One-Year $125, Two-Year $219 (prepaid), Three-Year $313 (prepaid)