Motor Vehicle Dealers - Used Vehicles Only

The State of Oklahoma Used Motor Vehicle Dealer's Surety Bond is a $25,000 financial guarantee required for Class 3 used motor vehicle dealers operating in Oklahoma. This bond is mandatory for obtaining and maintaining a used motor vehicle dealer license from the State of Oklahoma.

Used motor vehicle dealers who exclusively sell pre-owned vehicles must secure this bond as part of their licensing requirements. The bond serves as financial protection for the State of Oklahoma and consumers who may suffer financial losses due to the dealer's failure to comply with state laws, regulations, or contractual obligations related to motor vehicle sales.

This bond operates on a unique 2-year term cycle, expiring on December 31st of odd-numbered years. Renewal continuation certificates must be filed with terms running from January 1st of even years to December 31st of odd years (for example, January 1, 2026 to December 31, 2027). Dealers must submit their license renewal applications and renewal continuation certificates by November 1st of odd-numbered years to maintain continuous coverage and licensing compliance.