Motor Vehicle Dealers - New or New and Used Vehicles
Required for motor vehicle dealers in Oregon to file mechanic's lien applications with the DMV. Franchised dealerships, manufacturers, towing businesses, and national auction companies are exempt.
Trusted by thousands · Easy online process · Quick turnaroundSimple, fast, and dealer-ready
Why Choose Us
Licensed Agents
Bond experts
US-Based Support
Real help, fast.
Fast Turnaround
Quotes in minutes.
Competitive Rates
Top carriers, low rates.
Details
About This Bond
The Vehicle Possessory Lien Bond is a surety bond required by the Oregon Department of Motor Vehicles (DMV) for certain motor vehicle dealers who need to file mechanic's lien applications. This requirement went into effect on January 1, 2022, as an alternative to providing an irrevocable letter of credit.
This bond is required for motor vehicle dealers dealing in new vehicles or both new and used vehicles, with specific exemptions for franchised dealerships, manufacturers, towing businesses, and national auction companies. Independent dealers and smaller operations that don't fall under these exempt categories must obtain this bond to continue filing mechanic's lien applications with the state.
The bond protects the State of Oregon and ensures that dealers comply with state regulations regarding vehicle liens and related financial obligations. It provides financial recourse if a dealer fails to meet their legal obligations in connection with possessory liens on vehicles.
The bond amount is set at $20,000 and has a one-year term. It is renewable annually, allowing dealers to maintain continuous compliance with Oregon DMV requirements for lien filing privileges.
Here's how it works
1. Share the basics
A few quick questions. No paperwork.
2. See your options
Clear quotes. No surprises.
3. Get covered
We'll take it from here.
FAQ
Oregon Auto Dealer Bond Questions
The cost of a Oregon auto dealer bond is usually a small percentage of the state-required bond amount. Your exact premium depends on the bond amount, license type, business details, and underwriting factors such as credit.
Many auto dealer bonds can be issued the same day after you complete the application. Larger bond amounts or applications that need underwriting review may take longer.
Requirements vary by license type, but most Oregon auto dealers need to complete a short application and purchase the bond amount required by the state before their license can be issued or renewed.
Often, yes. Many states have separate bond requirements for wholesale, retail, broker, or other dealer license types. Choose the bond that matches your Oregon license instructions.
Ready to get started?
Have questions? Call or text +1 (888) 900-8038 to talk with a Surety Expert or
Bonds
Learn
© 2026 Insurance Services By Shield | Privacy Policy | Terms of Service | Indemnity Agreement
TurboBonds.com is operated by Insurance Services by Shield, a California and Texas licensed insurance agency (CA License #6018195, TX License #3446536). Insurance Services by Shield is not an insurance carrier and does not underwrite bonds or insurance policies. Bond and coverage availability, pricing, and issuance are subject to carrier underwriting approval, eligibility, applicable state requirements, and policy or bond terms. Availability varies by state.
