North Carolina — USED Motor Vehicle Dealer - Additional Location Bond
Adding an established salesroom to a North Carolina used motor vehicle dealership? The statute requires $25,000 security for each additional salesroom. Start this location-specific application with Propeller.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- North Carolina
- Bond type
- Motor Vehicle Dealer Bond
- Category
- Vehicles, titles & transportation
What this bond does
Licensure requirement to ensure dealers abide by state law and protect vehicle purchasers.
- Who needs it
- North Carolina Used Motor Vehicle Dealer
- Who it protects
- Purchasers who suffer loss or damage due to license holder failure to deliver clear title or other violations.
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
- G.S. 20-288 (opens in a new tab)Checked October 19, 2026
Have these ready
- Identify the additional location and its relationship to the existing licensed dealer before choosing the option.
- Have the legal applicant name, requesting party and any required form available for the provider application.
- Compare the requested sum and effective dates with the actual option and issued document.
Questions about this bond
Is this the first-location requirement?
This route is for an additional location. The first established salesroom has a separate $50,000 requirement.
What details should the application identify?
Use the licensed dealer's legal name and the additional salesroom covered by the request.
Where does Purchase Now lead?
Propeller opens in a new tab through The Southern Agency. After issuance, check the location and submit the bond through the separate licensing process.