South Dakota — USED Motor Vehicle Dealer Bond
South Dakota used motor vehicle dealers use a $25,000 bond for the license period. Its conditions address covered title failures, fraudulent misrepresentation and lien-warranty losses. Start the application with Propeller.
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- Recorded state
- South Dakota
- Category
- Vehicles, titles & transportation
What this bond does
Indemnity for customer losses occasioned by failure of title, fraudulent misrepresentation, or breaches of warranty regarding liens.
- Who needs it
- A South Dakota used motor vehicle dealer applying for or renewing that license class.
- Who it protects
- Any customer who suffers a loss.
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
- Codified Law 32-6B-7 | South Dakota Legislature (opens in a new tab)Checked October 19, 2026
Have these ready
- Bring the used-dealer application and the Department’s amount instruction; do not treat a paid claim as leaving the original security intact.
- 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
What is the bond amount for a used vehicle dealer?
The bond amount for a used vehicle dealer is $25,000.
What losses does the bond protect against?
It protects against losses from title failure, fraudulent misrepresentation, or breaches of warranty regarding liens.
How long is the bond effective?
The bond is for the license period.