Maine Motor Vehicle Dealer Bond (Continuous)
Overview
Maine car buyers and the state's motor vehicle marketplace depend on licensed dealers to operate honestly and within the law. This continuous surety bond gives the State of Maine and aggrieved consumers a financial backstop when a dealer fails to meet those obligations. Filed with the Maine Bureau of Motor Vehicles, it stays active as long as your dealership license remains current — no annual renewal scramble required. Get bonded before you open your doors.
Who Needs This Bond?
Licensed motor vehicle dealers operating anywhere in Maine must carry this bond. Whether you sell new cars, used cars, motorcycles, or a combination, the Maine Bureau of Motor Vehicles requires it as part of your dealer license. If you are applying for a dealership license for the first time or reinstating a lapsed one, this bond must be in place before your license is issued. Independent dealers, franchise dealers, and wholesale dealers are all subject to this requirement.
What is this Bond For?
This bond protects Maine consumers and the state against financial harm caused by a dealer's dishonest, fraudulent, or unlawful acts in the sale or transfer of motor vehicles. If a dealer misrepresents a vehicle, fails to deliver a title, or otherwise violates Maine dealer regulations, an injured party can make a claim against the bond to recover losses. The bond does not protect the dealer — it holds the dealer accountable. It exists to ensure there is money available to make wronged customers whole.
When is it Required?
Applying for a Maine motor vehicle dealer license triggers the bond requirement. The Bureau of Motor Vehicles will not issue your dealer license without proof that this bond is on file. Because this is a continuous-term bond, it does not expire on a fixed date — it remains in force until it is cancelled or your license is surrendered, making it a permanent condition of staying licensed. Any gap in bond coverage puts your dealership license at risk.
Where Does it Apply?
This bond applies statewide across Maine and is a condition of licensure under the Maine Bureau of Motor Vehicles. It covers dealer activity at your licensed location or locations within the state. It is a Maine-specific requirement and does not satisfy bonding requirements in any other state.
How to Buy Online
Click 'Buy This Bond Online' on this page and the secure surety portal will open in a new tab. Complete the application with your dealership details, review your bond documents, and submit — all in one session. Your bond is issued through the portal and ready to file with the Bureau of Motor Vehicles.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built for business owners who need a bond now, not next week. Our nationwide catalog includes the exact Maine Motor Vehicle Dealer Bond you need, and you can buy it online without waiting on an agent callback. Fast, direct, and done.