Surety bonds • Oklahoma
Oklahoma Auto Dealer Bond: $25,000 Used and Wholesale Dealer Bond
Oklahoma requires used and wholesale motor vehicle dealers to file a $25,000 surety bond with the Used Motor Vehicle, Dismantler, and Manufactured Housing Commission. Bonds expire December 31 of each odd-numbered year, and published prices start around $125.
This guide covers the bond, its term, who it protects, and cost. Blake Insurance Group is an independent agency, and a licensed agent can help with your bond and dealer insurance.
Request an Oklahoma dealer bond quote
Tell us your dealer license type, and a licensed agent will follow up. Submitting the form does not bind coverage.
If the form does not load, call 888-387-3687, Monday through Friday, 9:00 to 5:00, or email info@blakeinsurancegroup.com.
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Get a surety bond quote online, without waiting for a call back. Many license and permit bonds can be issued the same day.
Get a surety bond quote through Propeller →License, permit, contract, and commercial bonds through our Propeller portal.
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The $25,000 bond
| Item | Detail |
|---|---|
| Bond amount | $25,000 |
| Regulator | Used Motor Vehicle, Dismantler, and Manufactured Housing Commission |
| Law | 47 O.S. § 581 et seq. |
| Expiration | December 31 of each odd-numbered year |
Who the bond protects
The bond benefits any consumer, used motor vehicle dealer, or used motor vehicle auction harmed by the dealer. It does not cover floor plan lenders or others financing the dealer’s inventory (Oklahoma Used Motor Vehicle Commission bond form).
How much an Oklahoma dealer bond costs
Published prices start around $125 for the $25,000 bond, with rates from about 0.5% to 10% based on credit (SuretyBonds.com). Use our surety bond cost calculator for an estimate.
Bond vs. dealer insurance
The bond protects customers, not the dealership. Dealers usually also carry garage liability, dealer’s open lot, and commercial auto insurance. See our surety bond vs. insurance guide.
Oklahoma auto dealer bond FAQs
How much is an Oklahoma used dealer bond?
$25,000. Published prices start around $125.
When does an Oklahoma dealer bond expire?
December 31 of each odd-numbered year.
Does the Oklahoma dealer bond cover floor plan lenders?
No. It does not extend to lenders financing the dealer’s inventory.
Related guides
- Oklahoma surety bonds
- Texas auto dealer bond
- Arizona auto dealer bond
- Commercial auto insurance
- Surety bonds
- Surety bond cost
- Surety bond cost calculator
- Buy a surety bond online
- License and permit bonds
- South Dakota auto dealer bond
- West Virginia auto dealer bond
- New Mexico auto dealer bond
- Nebraska auto dealer bond
- Kansas auto dealer bond
- Iowa auto dealer bond
Important information
Compensation. The link in the partner quote box near the top of this page is sponsored, and Blake Insurance Group may be paid if you make a purchase. Sponsored placement does not affect the other information on this page.
Independent agency. Blake Insurance Group LLC is an independent insurance agency. Licensed insurance producer NPN 16944666. Licensed states: AZ, AL, TX, CA, NY, OH, FL, NC, VA, GA, OK, NM, IA, KS, MI, NE, SC, SD, WV, IL, NJ, PA, TN, and WA. Which insurance companies we can quote depends on our current appointments, the product, and your state. Mentioning a company on this page does not mean we represent it.
Cost figures. Published averages and ranges are cited from the sources named, as of the dates shown. They are not quotes and may not reflect your price, which depends on the insurer, the surety, your credit, the bond type, and underwriting.
Availability. Coverage, prices, discounts, and eligibility vary by insurer, state, and applicant, and are subject to underwriting. The issued policy controls.
Your next step
Tell us about your dealership, and a licensed agent will help with your Oklahoma dealer bond, or start a bond quote online with our partner.
