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New Mexico motorcycle dealer bonds.
$125 flat.
New Mexico requires a dealer licensed to sell motorcycles only to file a $12,500 surety bond with the Motor Vehicle Division under §66-4-7. Ours is $125 — the price you see is the checkout price, identical for every dealer. A quick soft credit pull that never affects your score; the bond is issued when you pay.
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Three steps to licensed.
Your motorcycle-dealer license is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with the MVD
Pay online and receive the executed bond ready to file with your dealer license application. The bond runs concurrently with the license, which expires March 31 each year. Wet-ink originals mailed whenever the state insists.
What it is and who needs it.
What the bond actually guarantees
New Mexico licenses vehicle dealers through the Taxation and Revenue Department's Motor Vehicle Division, and §66-4-7 sets a reduced bond for a dealer of motorcycles only: $12,500, versus the $50,000 bond a full motor-vehicle dealer files. The bond is a buyer-protection guarantee.
It is payable to the state for the use and benefit of the purchaser and the purchaser's vendees, conditioned on payment for any loss caused by failure of the title, fraudulent misrepresentation, or breach of warranty as to freedom from liens on a motorcycle sold by the dealer. If a buyer is harmed, they can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond runs concurrently with the license (which expires March 31), so we track it and send renewal notices 60 and 30 days out to keep your filing continuous.
You need this bond if you're
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other New Mexico motor vehicle dealer bonds.
Not sure this is the one your license calls for? These are the other motor vehicle dealer bonds we write in New Mexico. Each has its own statute and bond amount.
Other New Mexico bonds.
The MVD is waiting on one document.
$125, short application, bond issued when you pay. Free until issued.