Georgia Used Auto Parts Dealer Bond
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How much does a Georgia used motor vehicle parts dealer bond cost?
The Georgia used motor vehicle parts dealer bond costs $100 annually. The state requires these bonds expire on December 31st of odd numbered years, so your personal premium will depend on when you purchase your Georgia dealer license for used parts surety bond.
How do I get a Georgia used auto parts dealer bond?
You can purchase your Georgia used auto parts dealer bond online 24/7. You'll need to provide your used parts vehicle dealer name and county for Secretary of State dealer license filing approval. Once your payment has been processed, your official Georgia surety bond will be delivered to your email instantly.
How fast can I get a used vehicle parts dealer bond?
SuretyBonds.com offers instant Georgia used auto parts dealer bond delivery 24/7. Buy now to receive your official used parts dealer license bond in minutes by email.
What is a Georgia used vehicle parts dealer bond?
Georgia Code Title 43 Chapter 47 Section 8 requires individuals file a $10,000 surety bond as soon as their used motor vehicle parts dealer license application has been approved for a license. The official form is titled the “State Board of Registration of Used Motor Vehicle Dealers & Used Motor Vehicle Parts Dealers Used Parts Division State of Georgia Bond" but is more commonly known as the “motor vehicle parts dealer bond” or just “used parts dealer bond.” This bond specifically benefits any purchaser of any used motor vehicle harmed by a noncompliant used motor vehicle parts dealer.
Who is required to get a Georgia motor vehicle dismantler bond?
A used parts dealer is any person or business that buys or sells used vehicle parts, including those who work as a salvage dealer licensed to salvage vehicles. Used parts dealers might work as one or more of the following.
- motor vehicle dismantler
- motor vehicle rebuilder
- salvage dealer
- salvage pool dealer
- used motor vehicle parts dealer
By filing this surety bond type, auto parts dealers agree to promptly pay all losses, damages, and expenses experienced by any purchaser of their used motor vehicle parts, including losses resulting from fraudulent misrepresentations about vehicle liens or titles. All used auto parts dealers must purchase a used auto parts dealer bond to protect customers against parts dealer noncompliance.
Who regulates licensing for vehicle dismantlers and used parts dealers?
The Georgia State Board for the Registration of Used Motor Vehicle Parts Dealers enforces licensing requirements for used auto part dealers. To contact the board, the SOS advises you visit their website and fill out their online contact form.
This bond is required to be licensed as a used parts dealer. To be licensed as a used motor vehicle dealer, you need a Georgia auto dealer bond. If you're trying to register a vehicle with a missing title, you need a Georgia certificate of title bond.
How do I update or change my used auto parts dealer bond form?
If the Georgia State Board for the Registration of Used Motor Vehicle Parts Dealers requires your bond documentation to be updated for any reason, contact your surety provider. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change. The most common changes requested are updating your dealer name or county to match your auto dealer license.
How do I renew my used auto parts dealer bond?
You should renew your Georgia used auto parts dealer bond before it expires on December 31st of odd numbered years to keep your license in good standing. Once you pay your SuretyBonds.com renewal invoice, renewal instructions will be sent to you to keep your bond active for your next Georgia dealer license term.
How do I get a used auto parts dealer license in Georgia?
Complete the steps below to submit your Georgia used parts auto dealer license application.
- Complete a zoning certificate.
- Provide a certificate of insurance with the policy number and limits listed.
- Upload pictures of the established place of business clearly showing the sign denoting the name and the building in which required records are kept.
- Complete a criminal background check.
- Fill out required secure and verifiable documents.
- Purchase and file a Georgia surety bond in the $10,000 required bond amount.
- Pay the $150 application fee.
Submit all application information and paperwork by mail.
Georgia Board of Used Motor Vehicle Parts Dealers
237 Coliseum Drive
Macon, GA 31217
Call 1 (800) 308-4358 to talk with a Surety Expert today.