Motor Vehicle Dealer Bond

A Georgia Motor Vehicle Dealer Bond is a type of surety bond required by the Georgia State Board for the Registration for any individual or business operating as a used vehicle dealer. The required amount is $35,000 and the cost of the surety bond is usually between 1% and 3% of the bond amount. Surety1 will shop its many markets to procure the right price at the right terms.

How to Get a Georgia Motor Vehicle Dealer Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Georgia Used Motor Vehicle Dealer Bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

About Surety1.com
Contact Surety1

The license Expires on September 30th of even-numbered years (2-year term). Bond Renewal is necessary to maintain licensing.

Step by Step on How to Get a Motor Vehicle Dealer License

Getting a Motor Vehicle Dealer license in Georgia involves several steps:

1. Determine license type:
   • Georgia offers different licenses based on your business model (e.g., wholesale, retail). Choose the one that best suits your needs.

2. Pre-licensing education:
   • You must complete a 4-hour pre-licensing course covering state laws, regulations, and ethical business practices.

3. Secure a business location:
   • You need a permanent business location with appropriate zoning and signage.

4. Obtain business licenses:
   • Get a Georgia business license and a Sales Tax Number from the Department of Revenue.

5. Liability insurance:
   • Secure proper liability insurance coverage as required by the state.

6. Application and fees:
   • Submit a completed application to the Georgia Board for the Registration of Used Motor Vehicle Dealers. Pay the $170 application fee.

7. Background check:
   • Get fingerprinted and undergo a background check.

8. Surety bond: Obtain a $35,000 Georgia  Motor Vehicle Dealer Bond 

9. Dealer plate application:
   • Apply for dealer license plates to buy and sell vehicles.

Additional resources:

• Georgia Department of Revenue – Dealer Registration: https://dor.georgia.gov/motor-vehicles/dealer-distributor-manufacturer-transporter-license-plates/dealer-registration 
• Georgia State Board for the Registration of Used Motor Vehicle Dealers: https://dor.georgia.gov/motor-vehicles/dealer-distributor-manufacturer-transporter-license-plates/dealer-registration
• Georgia Dealer Class – 7 Steps to a Georgia Dealer License: https://sos.ga.gov/how-to-guide/how-guide-used-motor-vehicle-dealers

Important notes:

• This is a general overview, and specific requirements may vary.
• The process can take several weeks, so plan accordingly.
• Consider seeking professional guidance from a lawyer or accountant specializing in licensing matters.

Visit Surety1’s Car Dealer License Guide