Georgia Used Motor Vehicle Dealer License Surety Bond
The State of Georgia (GA) requires all motor vehicle brokers, independent motor vehicle leasing agencies which sell or offer to sell used motor vehicles, used motor vehicle auction companies and pawnbrokers who sell motor vehicles to the public to be licensed and to post a $35,000 GA Used Motor Vehicle Dealers License Surety Bond.
When do GA Used Motor Vehicle Dealer Bonds Renew?
The Used Motor Vehicle Dealer Bond is a 2 year bond with a mandatory expiration date of March 31st every even numbered year. Let A1SuretyBonds.com get you the lowest possible rate for your bond!
Who is required to get a GA Used Motor Vehicle Dealer Bond?
Any entity that is, for a commission or with the intent to make a profit or gain of money or other valuable consideration, sells, echanges or rents with an option to purchase, offers or attempts to negotiate a sale or exchange of an interest in used motor vehicles or who is engaged wholly or in part in the business of selling used motor vehicles, whether or not such motor vehicles are owned by such person is considered a Used Motor Vehicle Dealer and therefore is required to be licensed accordingly.
A motor vehicle wholesaler and a motor vehicle broker are considered to be a used motor vehicle dealer
An independent motor vehicle leasing agency that sells or offers for sale thier used motor vehicles are considered to be a used motor vehicle dealer.
A motor vehicle auction company selling or offering for sale used motor vehicles to independent motor vehicle dealers or to individual consumers are considered to be a used motor vehicle dealer.
Also any individual person who sells five or more used motor vehicles in any one calendar year shall be considered a used motor vehicle dealer.
By definition a Used motor vehicle is any motor vehicle or car other than a motor vehicle that has never been the subject of a retail sale by a new motor vehicle dealer or a used motor vehicle dealer and is the subject of a retail sale to a consumer for his or her own personal use or for resale to another licensed dealer.
If your business falls under any of these definitions in the State of Georgia, you may be required to be licensed and post a Georgia Used Motor Vehicle Dealer Surety Bond.
How much does a Used Motor Vehicle Dealer Bond Cost?
The typical cost for a Ga Motor Vehicle Dealer bond is approximately $250 for the 2 year term for accounts that qualify. Accounts with credit problems are not a problem! We have bad credit bonding programs for GA Used Motor Vehicle Dealer Bonds that do not meet the standard markets underwriting requirements.
Get your GA Used Motor Vehicle Dealer License Bond now!
Follow the link below to apply for your Georgia Used Motor Vehicle Dealer & Used Motor Vehicle Parts Dealer and let our expert staff get the bond you need at the lowest possible price! We work fast so you can stay focused on your business - Satisfaction Guaranteed!
Need help with your Georgia Used Motor Vehicle Dealer & Used Motor Vehicle Parts Dealer??
- Call us and let our staff walk you through the process - 800-737-4880
- EMAIL US and request one of our staff to call you.