Georgia Used Motor Vehicle Parts Dealer License Surety Bond
The State of Georgia requires all Used Motor Vehicle Pars Dealers to be licensed and to post a $10,000 Georgia (GA) Used Motor Vehicle Parts Dealer License Surety Bond to comply with the licensing requirements and is required of anyone operating as a used parts dealers, rebuilder, and/or salvage dealer. The Used Parts Dealer bond is a 2 year bond with a mandatory expiration date of December 31st every odd numbered year.
What is a GA Used Motor Vehicle Parts Dealer License?
By definition a Used Motor Vehicle Parts Dealer License is required of anyone who is actively engaged in the any of the following businesses.
A Rebuilder is any person, partnership, limited liability company, firm, or corporation engaged in buying salvage or wrecked motor vehicles for the purpose of restoring or rebuilding them with new and/or used parts, with the intent of being sold as a motor vehicle.
A Salvage dealer is any person, firm, or corporation who purchases salvage vehicles or parts from salvage vehicles for purposes of reselling as parts only or as salvage vehicles.
A Used motor vehicle parts dealer or simply used parts dealer is any person, partnership, limited liability company, firm, or corporation buying, selling, or utilizing motor vehicle parts, either as a used motor vehicle parts dealer, motor vehicle dismantler, motor vehicle rebuilder, salvage pool dealer, or salvage dealer.
Part means any used motor vehicle part that has been installed as standard or optional equipment on a motor vehicle that has been removed from the vehicle that it was originally attached to, and is the subject of sale or resale as a part and not as scrap.
If you find yourself in one of these businesses, chances are you are required to post a Used Parts Dealer License Bond.
How much does a Used Motor Vehicle Parts Dealer Bond Cost?
The typical cost for a Used Parts Dealer bond is $100 for the 2 year term for accounts that qualify. Accounts with credit problems are not a problem! We have the ability to secure the bond you need through one of our bad credit bonding programs.
Get your GA Used Motor Vehicle Parts Dealer License Bond now!
Follow the link below to apply for your Georgia Used Motor Vehicle Parts Dealer License Surety Bond 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 Parts Dealer License Surety Bond??
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