If you’re a used vehicle dealer in Georgia, you’ll need to file a $50,000 surety bond at renewal. This increase from the previous $35,000 amount will take effect on July 1, 2026.
Keep reading for important renewal information and how to update your bond.
Why Did the Bond Requirement Change?
The Georgia Secretary of State (SOS) regulates all used auto dealers. This increased bond amount provides greater financial protection for consumers and the state. Harmed parties can now recover higher losses through the bond if a dealer:
- Violates state law
- Commits fraud
- Mishandles vehicle titles
How Do I Increase My Bond Amount?
All used auto dealers must update their bond amount from $35,000 to $50,000 at renewal. Dealer licenses and bonds expire on September 30, 2026. Renewals open on July 1.
If you already have an active bond through SuretyBonds.com, you’ll receive a new two-year quote and bond form before the October 1, 2026 renewal. All you need to do is pay the updated premium and submit the new bond form to the SoS.
If you’re a new licensee, you’ll need to purchase a $50,000 bond from an authorized surety company or agency. A $35,000 bond will be rejected by the SoS.
Georgia used auto dealer bonds always expire on September 30 of even-numbered years. You’ll need to maintain the $50,000 bond for as long as you hold your license.
How Much Will the $50,000 Bond Cost?
With SuretyBonds.com, rates start at $250 for the two-year term. Your exact price will vary based on your credit score. Apply for your Georgia used auto dealer bond quote online in minutes.
Next Steps
- Purchase and file a $50,000 bond by October 1, 2026.
- For any questions, refer to the SOS website or call 1 (800) 308-4358 to speak with one of our surety experts.
- If you’re a new applicant, check out our complete guide to becoming a Georgia used auto dealer for more detailed licensing information.