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Georgia Motor Vehicle Dealer Bond

Bond Requirements and Online Application

Motor vehicle dealers are required to post a Motor Vehicle Dealer Bond as part of the process to license the dealership. The amount of the bond depends on what type of vehicles are to be sold, the amount of vehicles you plan to sell, and other factors. Read our Car Dealer License Guide to learn more about how to get your dealership licensed and bonded.

motor vehicle dealer bond

Surety Bond

  • Required by: State Board of Registration- Used Motor Vehicle Dealers Division
  • Minimum Bond Amount: $35,000
  • Maximum Bond Amount: Varies
  • Valid: 1 year – Expires March 31 of every even year – Renewable

The price for the bond, also known as the bond premium, is only a small fraction of the bond amount.

This bond guarantees the principal will abide by all Georgia state laws and regulations.

The applicant should verify the bond amount with the obligee before applying for the bond to ensure the bond amount is correct.

Licensing

Surety1 is not directly involved with the licensing process, but we’ve compiled this information which may helpful for you.

State licensing fees and requirements:

  • Surety bond
  • License application
  • Supporting application documents
  • Proof of insurance
  • Attend a pre-licensing seminar
  • Sales tax identification number
  • Business address and phone number
  • $170 application fee
  • $52.75 fingerprint and background check processing fee

All licensing fees are required by the obligee, not the surely company.

Licenses expire March 31st of every even-numbered year. They must be renewed every even-numbered year in order to remain valid.

For more licensing information, visit Georgia’s official page.

 

How to Get Your Georgia Motor Vehicle Dealer Bond

1. Complete an online application. It's free and no-obligation. 2. One of our surety experts will contact you with a firm quote and an agreement to sign. 3. Provide payment and your signed agreement, and then you will receive your Georgia Motor Vehicle Dealer Bond!   If you have any questions, please call us at 877-654-2327.
HOW TO GET BONDED
1. Apply Online Using our Free & Secure Application 2. Get Your Free Quote Applications are No-Obligation 3. Get Your Bond Most Bonds are Approved in 1-2 Business Days

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