A Georgia motor vehicle dealer bond is required by the State Board of Registration of Used Motor Vehicle Dealers from individuals and companies that wish to engage in the retail sale of used automobiles. All licenses for used motor vehicle dealers renew biennially and expire on March 31 of even years.
Pursuant to Rule 681-3-.01, the Georgia, "(1) No application shall be accepted for review until the application is complete in every respect." to include an Georgia used motor vehicle dealer bond in the amount of thirty five thousand dollars ($35,000). The surety bond guarantees that the dealer will "comply with the conditions of any written contract or written warranty by such dealer or his agent, made in connection with the sale or exchange of any motor vehicle and shall pay all loss, damages, and expenses that may be sustained by any purchasers of any used motor vehicle and their vendees or successors in title by reason of any fraudulent misrepresentation as to liens against or titles to any used motor vehicle." The bond must run concurrent with the license and expires on March 31st, of the license anniversary year.
The DMV recommends that all dealers be fluent in the laws and standards of practice in Georgia. You may download a used motor vehicle dealer forms here. Submissions of all dealer forms should be addressed as follows:
Georgia Secretary of State Professional Licensing Boards
237 Coliseum Drive
Macon, GA 31217
Georgia surety bond leader, Surety One, Inc. is available for same-day support of your new or renewal used dealer bond request. Our special programs allow us to offer you bonding regardless of credit condition. Do you operate in multiple states? No problem! We offer motor vehicle dealer bonds in ALL of them. (Click here for our MVD bond guide.) We also offer certificate of title bonds and lien release bonds needed in the course of your dealership operations. Call (800) 373-2804, email Underwriting@SuretyOne.com or click here for a live chat with an underwriter to discuss your Georgia used auto dealer bond or any surety bond need.
Surety bond application review and quoting are free of charge. There is no obligation to purchase.