Georgia Auto Dealer Bonds, and More

What you need to know about Georgia Auto Dealer Bonds, and More

Georgia Auto Dealer Bonds, and More


Airlines Reporting Corporation Airline Reporting Corporation (ARC) Bond

Federal/countrywide Bonds
Airlines Reporting Corporation





Business Services Dishonesty Bond

Federal/countrywide Bonds
Variable obligee



Centers for Medicare & Medicaid Services Medicare Durable Medical Equipment DMEPOS Bond

Federal/countrywide Bonds
Centers for Medicare & Medicaid Services





















City of East Point Tradesmen Bond

Georgia
City of East Point

















Cobb County Department of Transportation Cobb Right of Way Bond

Georgia
Cobb County Department of Transportation



Cobb Electric Membership Corporation Utility Deposit Bond

Georgia
Cobb Electric Membership Corporation







Georgia Coweta-Fayette Electric Membership Corporation Utility Deposit Bond

Georgia
Coweta-Fayette Electric Membership Corporation




Department of the Army SDDC Freight Carrier Performance Bond

Federal/countrywide Bonds
Department of the Army


Department of the Treasury Federal TTB Brewer's Bond

Federal/countrywide Bonds
Department of the Treasury


Department of the Treasury Distilled Spirits Bond

Federal/countrywide Bonds
Department of the Treasury



Department of Treasury Alcohol and Tobacco Tax and Trade Bureau (TTB) Federal TTB Manufacturer Exporter Tobacco Bond

Federal/countrywide Bonds
Department of Treasury Alcohol and Tobacco Tax and Trade Bureau (TTB)



Director of the Environmental Protection Division Scrap Tire Processor Bond

Georgia
Director of the Environmental Protection Division




Douglasville-Douglas County Erosion Control Bond

Georgia
Douglasville-Douglas County



ERISA - Qualified Bond

Federal/countrywide Bonds
Variable obligee


Executor Bond

Georgia
Variable obligee




Federal Motor Carrier Safety Administration BMC-84 Freight Forwarder (ICC Broker) Bond

Federal/countrywide Bonds
Federal Motor Carrier Safety Administration







Georgia Commisioner of Agriculture Warehouseman Bond

Georgia
Georgia Commisioner of Agriculture













Georgia Department of Revenue Wholesalers Wine Bond

Georgia
Georgia Department of Revenue


Georgia Lottery Corporation Lottery Bond

Georgia
Georgia Lottery Corporation













Janitorial Bond

Federal/countrywide Bonds
Variable obligee



Local Union 613 of the IBEW Fringe Benefits Bond

Georgia
Local Union 613 of the IBEW


Macon-Bibb County Department of Business and Development Services Macon - City Transient Vendor Bond

Georgia
Macon-Bibb County Department of Business and Development Services





Marietta Board of Lights and Water Utility Deposit Bond

Georgia
Marietta Board of Lights and Water
















Release of Lien Bond

Georgia
Variable obligee


Replevin Bond

Georgia
Variable obligee


Screen Actors Guild American Federation of Television and Radio Artists SAG AFTRA Franchised Talent Agency Bond

Federal/countrywide Bonds
Screen Actors Guild American Federation of Television and Radio Artists


Snapping Shoals Electric Membership Corporation Utility Deposit Bond

Georgia
Snapping Shoals Electric Membership Corporation


Social Security Administration Representative Payee Bond

Federal/countrywide Bonds
Social Security Administration


Special Authorities Division, X-46, Office of International Aviation, US Department of Transportation Direct Air Carriers Bond

Federal/countrywide Bonds
Special Authorities Division, X-46, Office of International Aviation, US Department of Transportation
































State of Georgia, Professional Licensing Boards and Securities Division Paid Solicitor Bond

Georgia
State of Georgia, Professional Licensing Boards and Securities Division








State of Georgia Securities and Business Regulation Securities Dealer Bond

Georgia
State of Georgia Securities and Business Regulation











Supersedeas Bond

Georgia
Variable obligee


Temporary Administrator Bond

Georgia
Variable obligee




Treasurer or Tax Collector Bond

Georgia
Variable obligee


United State Postal Service Contract Postal Unit Bond

Federal/countrywide Bonds
Variable obligee


United States of America Federal TTB Wine Bond

Federal/countrywide Bonds
United States of America




US Department of Agriculture Food Stamp Bond

Federal/countrywide Bonds
US Department of Agriculture




US Department of Commerce National Marine Fisheries Inspection Bond

Federal/countrywide Bonds
US Department of Commerce


US Department of Homeland Security Airport Customs Security Area Bond

Federal/countrywide Bonds
US Department of Homeland Security


US Department of Housing and Urban Development HUD Manufactured Housing Installer Bond

Federal/countrywide Bonds
US Department of Housing and Urban Development


US Department of Labor H-2A Farm Labor Contractor Bond

Federal/countrywide Bonds
US Department of Labor


US Department of Transportation Public Charter Operators Bond

Federal/countrywide Bonds
US Department of Transportation







How much does an auto dealer bond cost in Georgia?

Auto dealer surety bonds (also called motor vehicle dealer bonds) are mandated by the Georgia State Board of Registration Used Motor Vehicle Dealers Division as part of the licensing requirements for used car dealerships to conduct business in the state. The Used Motor Vehicle Dealers Division sets the total bond amount based on the type of dealership license:

  • $35,000 bonds for used motor vehicle dealers, used motor vehicle brokers, motor vehicle auctioning companies, and leasing agencies
  • $10,000 bonds for used auto parts dealers, rebuilders, and salvage dealers

The surety company determines your premium rate, which is the percentage of the total bond amount you pay as the premium. Premium rates for Georgia auto dealer bonds typically cost between 1% and 3% of the total bond amount.

During the application process, the surety company evaluates your personal credit, financial statements, industry experience, and licensing history. Applicants with good credit generally receive the lowest rates, however, bad credit will not prevent you from securing a Georgia used auto dealer bond. EZSurety still offers competitive rates to individuals with low credit scores or other financial issues.

Below are the lowest premiums EZ Surety has issued for used auto dealer surety bonds in the State of Georgia.

  • EZ Surety has issued used car dealer bonds for premiums as low as $285.
  • EZ Surety has issued salvage dealer bonds for premiums as low as $100.

New car dealers are licensed at the municipal level, not at the state level. As such, surety bond requirements for new car dealers will depend on local regulations.

Why are auto dealer bonds important in Georgia?

Georgia auto dealer bonds provide protection for customers, creditors, and the state government. When a Georgia motor vehicle dealer posts a surety bond, they provide a guarantee to the Used Motor Vehicle Dealers Division that they will conduct business in compliance with the conditions listed in the Georgia Code Title 43 Chapter 47. Used Motor Vehicle and Used Motor Vehicle Parts Dealers.

If the auto dealer fails to comply with the code, the surety company will pay out financial losses to damaged parties up to the full bond amount. The auto dealer is liable to reimburse the surety for any damages paid under the bond.

How to get your auto dealer license in Georgia

To obtain your used auto dealer license in Georgia, you must meet the Used Motor Vehicle Dealers Division licensing requirements by completing the following steps:

  • Pass a pre-license inspection to ensure that the dealership complies with the regulations for an established place of business
  • Complete and submit an application form
  • Post a $35,000 surety bond ($10,000 bond for used parts dealers)
  • Obtain a certificate of insurance
  • Complete a background check including fingerprints
  • Provide a sales tax number obtained through the State Department of Revenue
  • Complete the established place of business requirements, install a landline telephone and provide photographs
  • Install the appropriate signage advertising business as a used car dealership
  • Attend the pre-licensing seminar
  • Pay the $170 application fee and $170 license fee for each additional lot

Georgia used motor vehicle dealer licenses expire on March 31 of every even number year, meaning they are valid for a maximum two-year period. Used car dealers must pay a $150 renewal fee on or before the expiration date and complete six hours of continuing education for their license to stay active.

Failure to pay the renewal fee on time will result in a $250 late renewal fee that must be paid before May 31. If a dealer misses the late renewal fee, their license will be revoked and they will have to pay a $420 reinstatement fee and submit a new license application.