Dealer License Fees:
- Coming Soon
New Mexico Dealer Surety Bond
New Mexico requires a $20,000 surety bond for all auto dealer, manufacturers, mobile home dealers, salvage dealers, and motorcycle dealers in the state.
- Bond: Motor Vehicle Dealer Bond, Dismantler Bond
- Obligee: Motor Vehicle Division
- Obligee Address: 1100 South Saint Francis Drive, Santa Fe, New Mexico 87504-1028
- Required Expiration Date of Dealer Bond: 12/31
- Surety Bond: This bond is not Continuous, it requires a Continuation Certificate
- Bond Form Revision Date: 8/1998
Bad Credit Program for Auto Dealers
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 high Auto Dealers.
*Information for state licensing is provided as a guide, always verify with the state that the information is correct.
How to apply:
1.) Visit the commercial application page.
2.) Complete our online application.
