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How much does a Georgia auto dealer bond cost?
Georgia auto dealer bond costs start at just $306 for the state-required 2-year term. Georgia law sets the bond amount at $35,000, and bond premiums typically range from .5% to 4% of the bond amount for most applicants. Premiums require underwriting and are based on the applicant's current financial situation, including credit score.
Bad credit? No problem! SuretyBonds.com offers an exclusive bad credit bonding program through which we approve 99% of applicants for the bonds they need quickly and easily.
How do I get a used auto dealer bond in Georgia?
You can apply for your Georgia motor vehicle dealer bond online 24/7 through our safe and secure online application portal.
Once your payment has been processed, your surety bond documentation will be issued. You'll receive a digital copy of your surety bond by email, and your physical documentation will be delivered based on your preferred shipping method.
How fast can I get a used motor vehicle dealer bond?
Our industry-leading technology and responsive customer service team allow us to offer free quotes and deliver official Georgia auto dealer bonds faster than any other surety provider. If you're in a rush and need your used motor vehicle dealer bond as soon as possible, choose overnight shipping when submitting your order.
If you have any questions about the bonding process or your application, call 1 (800) 308-4358 to speak with one of our friendly surety experts.
What is a Georgia used motor dealer surety bond?
Georgia auto dealer bonds ensure the state's used car dealers abide by the state's regulations. The bond guarantees the surety and/or dealer will pay all losses, damages, and expenses that may be sustained by used motor vehicle consumers resulting from a dealer's wrongdoing.
The $35,000 used car dealer bond amount ensures that consumers have the ability to file claims against dealerships in the state that fail to adhere to Georgia law.
Watch this video for an in-depth review of Georgia auto dealer bond application requirements, cost expectations, and document delivery.
Who needs a Georgia auto dealer bond?
The Georgia State Board of Registration Used Motor Vehicle Dealers Division requires all used auto dealers be licensed and bonded as part of their registration process. By filing a surety bond with the state, a used car dealership essentially agrees to abide by all state laws and regulations.
Please note this page only contains information for used motor vehicle dealer bonding. If you are an auto dealer who sells used parts, visit our separate Georgia used motor vehicle parts dealer bond page. If you own a vehicle with a lost or missing title, visit our separate Georgia certificate of title bond page.
Who regulates car dealers in Georgia?
The Georgia State Board for the Registration of Used Motor Vehicle Dealers enforces motor vehicle dealer license requirements for motor vehicle dealers in the state.
How do Georgia auto dealers file surety bonds?
After purchasing and receiving their surety bonds, car dealer applicants will file their MVD bond along with their Georgia dealer license application to the Licensing Boards Division.
State Board of Registration of Used Motor Vehicle Dealers & Used Motor Vehicle Parts Dealers
Used Motor Vehicle Dealers Division
237 Coliseum Drive
Macon, Georgia 31217
When do Georgia auto dealer bonds expire?
On May 26, 2022, the Georgia State Board for the Registration of Used Motor Vehicle Dealers changed used motor vehicle license expiration requirements from March 31st of even numbered years to September 30th of even numbered years.
How do I renew my auto dealer bond in Georgia?
Georgia auto dealer bonds must be renewed when their current term expires, which is September 30th of even numbered years. Once you pay your SuretyBonds.com renewal invoice, a new surety bond form will be issued and sent to you to file with the Georgia State Board for the Registration of Used Motor Vehicle Dealers.
How do I update or change information on my used motor vehicle dealer bond form?
If the Georgia State Board for the Registration of Used Motor Vehicle Dealers requires your surety 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 for these bonds include:
- dealership business name
- dealership business address
- dealership business county
How do I get an auto dealer license in Georgia?
To get a used motor vehicle dealers license, applicants must:
- Pass an Inspection
- Purchase a $35,000 surety bond
- Obtain an original certificate of insurance
- Complete the established place of business requirements & submit photos
- Obtain a sales tax number through the State Department of Revenue
- Complete the fingerprint-based background check (register through Georgia Applicant Processing Services)
- Attend the pre-licensing seminar (for approved education providers, visit www.sos.ga.gov)
- Submit an application fee of $170 as well as a licensing fee of $170
Take the first step toward becoming licensed in Georgia by purchasing the surety bond you need! Our technology and customer service team does the hard work for you so you can focus on what you do best: running your business.