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New Mexico requires a $20,000 surety bond for all auto dealer, manufacturers, mobile home dealers, salvage dealers, and motorcycle dealers in the state.
New Mexico MVD's with a low credit scores, or public records on their personal credit report (Bankruptcy, Liens, Collection, or Civil Judgments) may find a difficult time getting bonded. Bryant Surety Bonds, Inc offers a Bad Credit Surety Bond Program that is specially tailored to your needs and can get you approved. This program is available for all bad credit Auto Dealers.
*Information for state licensing is provided as a guide, always verify with the state that the information is correct.