New Mexico — Motor Vehicle Dealer Bond
Prepare your New Mexico motor vehicle dealer bond using the dealership's legal name and license request. Purchase Now opens the Propeller application.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- New Mexico
- Category
- Vehicles, titles & transportation
What this bond does
Supplies security for the dealer-business obligation identified in the New Mexico request.
- Who needs it
- A New Mexico motor vehicle dealer applying in the dealership's name.
- Who it protects
- The recipient and parties protected by the requested dealer bond form.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- SBA: commercial surety background (opens in a new tab)Checked October 22, 2026
Have these ready
- Have the dealer entity name, DBA and address ready.
- Keep the required form, recipient, amount and effective date available.
- After issuance, check the completed bond and file it as instructed.
Questions about this bond
Is this the VIN inspector application?
This route is for the dealer business. Use the inspector-specific route for an individual's VIN-inspector bond request.
What amount is listed?
No fixed amount or term is shown. Use the dealer licensing request.
How do I start?
The Southern Agency's Purchase Now link opens Propeller in a new tab. Bond issuance and licensing are separate steps.