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New Hampshire Vehicle Dealer’s Bond

Who needs a New Hampshire Vehicle Dealer’s Bond?

All licensed new car dealers are required to maintain a New Hampshire Vehicle Dealer’s Bond by the State of New Hampshire Division of Motor Vehicles. The bond is required as part of your dealer license application.


Why is the New Hampshire Vehicle Dealer’s Bond required?

The New Hampshire Vehicle Dealer’s Bond helps ensure that dealers conduct business ethically and lawfully.


How do I know this is the required bond for my business?

You may have heard this bond referred to as a New Hampshire Car Dealer Bond or DMV Surety Bond. While people use many names, they refer to the same bond. If you are a New Car Dealer in the State of New Hampshire, this bond is required to obtain and maintain your license.

General Questions
What is a surety bond? 
What is a surety bond?

A surety bond is a three-party agreement among a principal, an obligee, and a surety.

The bond formalizes the principal's obligation to the obligee. The surety guarantees that the principal will fulfill their obligation.