Who requires it
Oklahoma Used Motor Vehicle, Dismantler, and Manufactured Housing Commission
License & permit · Oklahoma
Oklahoma Used Motor Vehicle Dealer Bond
Oklahoma used motor vehicle dealers and wholesale used motor vehicle dealers must file a twenty-five-thousand-dollar surety bond with the Used Motor Vehicle, Dismantler, and Manufactured Housing Commission before the Commission will license the business. Section 583 of Title 47 sets higher amounts for auction and large consignment operations and an additional fifteen-thousand-dollar bond when a dealer also holds a rebuilder certificate.
Common bond amount
$25,000+
Primary used/wholesale amount is $25,000; auction and large consignment applicants use $50,000; rebuilders add $15,000.
How you file
File the Commission used-dealer bond form
Renewal
Maintain continuously for the licensure period; replace before cancellation
Who requires it
Applicants for used motor vehicle dealer and wholesale used motor vehicle dealer licenses under 47 O.S. § 583, filed with the Oklahoma Used Motor Vehicle, Dismantler, and Manufactured Housing Commission. New franchise dealers licensed only by the Oklahoma Motor Vehicle Commission are outside this Title 47 instrument. Secondary lots need their own bond. Rebuilders add a separate $15,000 surety on top of any dealer bond already required.
How much is required
Section 583(E) establishes fixed amounts: $25,000 for used dealers and wholesale used dealers; $50,000 for applicants whose used-dealer business is a used motor vehicle auction (reducible to $25,000 when the applicant proves at least $50,000 of check and title insurance); $50,000 for new applicants whose non-auction consignment sales are projected at $500,000 or more in gross annual sales; and $15,000 additional for a rebuilder certificate. Manufactured-home dealer and manufacturer amounts under the same section are $30,000 and are related Commission instruments, not this used-dealer page’s primary $25,000 filing.
How to get and file it
Have an authorized surety complete the Commission’s Used Motor Vehicle Dealer’s Surety Bond in the exact ownership, business name, and lot address shown on the dealer application. Submit the original signed bond with seals and power of attorney as part of the licensing packet. Auction applicants should confirm the $50,000 auction bond form with the Commission office before filing. Statute requires the bond to remain in force for the entire licensure period. Cancellation without a replacement on file triggers license revocation as of the cancellation date. Keep coverage continuous—Commission application materials treat any lapse as automatic revocation. Update or replace the bond when the licensed name or lot address changes, and post a separate bond for each secondary lot.
Cost note
Twenty-five thousand dollars (or the higher statutory amount for your class) is the required bond amount, not the premium you pay. See bond amount vs premium. Bond amount vs premium →
Requirement checklist
- Primary amount
- $25,000 for used and wholesale used motor vehicle dealers
- Auction / large consignment
- $50,000 statutory amounts with limited auction insurance reduction
- Rebuilder add-on
- $15,000 additional bond with a rebuilder certificate
- Form and lots
- Original Commission bond form; separate bond per secondary lot
Official sources
Frequently asked questions
Is the $25,000 bond the same as garage liability insurance?
No. Section 583 also requires used and wholesale dealers to keep at least $25,000 of single-liability insurance on vehicles offered for sale or used on public roads. That insurance is separate from the surety bond filed with the Commission.
Do new franchise dealers use this bond?
No. New franchise dealers are licensed by the Oklahoma Motor Vehicle Commission. This guide covers Used Motor Vehicle, Dismantler, and Manufactured Housing Commission sureties under Title 47.
Related Oklahoma bond guides
CIB Contractor Bond
$5,000
Oklahoma electrical, mechanical, and plumbing contractors who want an active Construction Industries Board license must post a five-thousand-dollar surety bond payable to the Board. Until the bond and the required liability certificate arrive, a newly examined contractor license stays inactive.
Mortgage Lender Bond
$100,000
Oklahoma mortgage lenders licensed under the Secure and Fair Enforcement for Mortgage Licensing Act must file a one-hundred-thousand-dollar surety bond payable to the Department of Consumer Credit. The amount does not scale with loan volume—every lender posts the same statutory figure as a condition of licensure.
Surety basics (not repeated here)
Universal surety concepts explained once—linked here instead of repeated on every state or bond page.
Continue with a Oklahoma application
Oklahoma will be preselected. Choose your bond type in the application—we confirm the correct product against your agency form before anything is issued.
Last verified 2026-08-11. This guide is based on verified educational content and official sources.
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