Here is a step-by-step guide to help you get started. How do I obtain this bond?Īt Surety Bond Authority, we are dedicated to help you get your bond the fast and easy way. Premium rates may range from 1-9% depending on the credit report status.
The cost of the Oregon Motor Vehicle Dismantler Bond is normally between $100 and $900 and will largely depend on the employer’s credit score, industry experience, business history, and the surety provider’s background. How much does an Oregon Motor Vehicle Dismantler Bond cost? Surety/Bond Company or Obligor (surety bond provider).The bond must be filed with Oregon’s Department of Transportation and must be issued by a surety bond provider certified by the state’s Insurance Department. More details about the Oregon Motor Vehicle Dismantler Bond
#Dismantler professional
#Dismantler full
You are able to use your full line of credit.Your credibility is boosted in terms of financial security.Clients are completely safe and secure under your agency.In order to protect future patrons of the dismantler and to avoid any public hazards, the State of Oregon requires dismantlers to be bonded from a verified surety carrier.Īpart from the mandatory legal compliance, securing your own licensing bond also ensures: Businesses interested in dismantling, who are not involved in the selling of brand new vehicles or repair, may be exempted from the certificate. The State of Oregon provides licensing for motor vehicle dismantlers buying, selling, and processing vehicles for the purpose of altering, salvaging, or dismantling for parts. Why do you need an Oregon Motor Vehicle Dismantler Bond?
The bond is a a pre-licensing requirement imposed by the State of Oregon.
#Dismantler driver
The State of Oregon Department of Transportation, under the Driver & Motor Vehicle Services, sees to it that licensing requirements for the Dismantler Certificate applications are properly fulfilled to allow the legal operations of the permittees.Īccording to the Department’s Insurance Division, the total bond amount for limited dealers is $10,000, and must be settled prior the formal operations. This may also include the buying and selling of major component parts. The Oregon Revised Statues 801.236 defines dismantlers as any individual involved in the buy and sell, dealership, and processing of vehicles in order to save, destroy, dismantle or alter the motorized vehicle. It is a myth that automotive dismantlers are “junk yards.” In reality most automotive dismantlers have clean, orderly, well-run facilities with qualified professionals to service the consumers.We at Stockton Auto Dismantlers are proud to do our part to represent this green industry.What is the Oregon Motor Vehicle Dismantler Bond? The fact is that automotive dismantlers have been effectively recycling for decades. With the increased environmental awareness on our world, it has become ever more popular and important to recycle. By providing obsolete parts when needed, they save consumers a substantial amount of money and also reduce the mechanical waste left over after recycling all the unused parts of the vehicle. These companies also provide a great service to the earth. Automotive dismantlers as a group are primarily independent owners who both own and operate their companies. Have you ever thought that by purchasing auto parts from an automotive dismantler you are helping our planet? Automotive dismantlers play a vital role in helping to reduce the amount of waste and pollution in our planet.Īs an automotive dismantler, Stockton Auto Dismantlers continues to save individuals up to 70% off of the list price on their parts needs, but also provides a facility that properly handles and disposes of all waste that comes from vehicles.
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