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VENDOR WRITTEN AUTHORIZATION FORM State of Oregon

VENDOR WRITTEN AUTHORIZATION FORM State of Oregon

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what is an oregon auto dealer bond an auto dealer bond is a government required surety bond that protects the public from financial harm if the dealer fails to comply with licensing regulations the limit on the oregon auto dealer bond is fifty thousand dollars the bond is required for all individuals and business entities who seek to buy sell or exchange motor vehicles either directly or indirectly in the state of oregon and is regulated by the oregon driver and motor vehicle services dealers are required to purchase this bond as a prerequisite to obtaining their auto dealer's license so how much does the bond cost surety companies will examine factors such as the dealer's credit score and years of experience when determining the premium rate dealers with a credit score of 699 or higher can pay as little as hundred and thirteen dollars each year whereas dealers with a credit score of 539 or lower can pay as much as four thousand five hundred dollars in premium each year

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