Any person or entity engaged in the business of a used motor vehicle dealer in Georgia, defined as selling more than five used motor vehicles in a calendar year. Required when: Application for a used motor vehicle dealer license. Exemptions: New motor vehicle dealers (regulated by municipalities or different state rul…
Overview
What it is.
Any person or entity engaged in the business of a used motor vehicle dealer in Georgia, defined as selling more than five used motor vehicles in a calendar year. Required when: Application for a used motor vehicle dealer license. Exemptions: New motor vehicle dealers (regulated by municipalities or different state rul…
Who usually needs it
Any person or entity engaged in the business of a used motor vehicle dealer in Georgia, defined as selling more than five used motor vehicles in a calendar year.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateGABond amount$35,000Term lengthBiennialObligeeGeorgia State Board of Registration of Used Motor Vehicle DealersRenewalThe bond must be renewed every two years and must run concurrently with the license, which expires on September 30th of even-numbered years.Bond classLicense BondCategoryMotor VehicleBondUsed Motor Vehicle Dealer BondStatutory referenceO.C.G.A. § 43-47-8JurisdictionState
