Oregon — Vehicle Dismantler Bond
Match the dismantler's names and premises to Oregon's $100,000 security before completing the certificate application.
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- Recorded state
- Oregon
- Bond type
- Auto Dismantler / Salvage Dealer Bond
- Category
- Vehicles, titles & transportation
What this bond does
Oregon DMV's dismantler application includes the $100,000 undertaking and permits the specified letter-of-credit alternative. This application is for the surety bond. The security supports the dismantler certificate, not a private vehicle's title or a different vehicle-business license.
- Who needs it
- Businesses seeking Oregon dismantler certification for vehicle salvage or destruction, or for dealing in or processing stocked used major components. DMV describes an exception for component work that is part of new-vehicle sales or repair; match the actual activity before ordering.
- Who it protects
- The actual bond binds the principal and surety to the State of Oregon and conditions the business on avoiding fraud, fraudulent representation and the specified Vehicle Code violations. It is one continuous obligation with the stated aggregate limit across renewal, not insurance on the yard or a fresh automatic allowance at every renewal.
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
- Oregon DMV: Become a Dismantler (opens in a new tab)Checked October 26, 2026
- Oregon DMV: actual Form373 application, instructions and bond (opens in a new tab)Checked October 26, 2026
Have these ready
- Confirm the actual activity belongs in the dismantler certificate process.
- Match legal/business names, Registry/NMVTIS details and premises to Form 373.
- Use the accepted $100,000 bond with the proper applicant/surety execution.
- Coordinate the certificate period and required month-end expiration.
- Prepare the actual site, fire and applicable environmental documents separately.
Questions about this bond
Does every repair business handling used components need this certificate?
DMV notes an exception where the component activity is part of a business selling new vehicles or repairing vehicles. Describe the actual operations and confirm the correct process before ordering dismantler security.
Does renewal create another automatic $100,000 claim allowance?
The posted undertaking is one continuous obligation and limits the surety's liability to its penalty even if renewed or continued. Read the issued bond and current file rather than assuming renewal restores a separate allowance.
Must I buy a fresh bond when the name or location changes?
The application instructions call for the relevant correction application and a bond rider, with other supporting documents for the actual change. Confirm the required amendment before assuming another full purchase is needed.
Does the bond complete the certificate application?
No. DMV also requires the actual application and supporting documents. Its instructions distinguish initial location approval from renewal and separately address fire and applicable environmental requirements.