Georgia Auto Dealer Bond$35,000 DMV Required

Georgia auto dealer bonds ($35,000) cost $350-$3,500 for a 2-year term depending on credit. With excellent credit (750+), expect $350-$700 (1-2%). Good credit (680-749) costs $700-$1,400 (2-4%). Fair credit (620-679) ranges $1,400-$2,450 (4-7%). Lower credit may require up to $3,500 (10%). We offer competitive rates for all credit levels with same-day approval.

Georgia requires dealer bonds for a 2-year term that expires on September 30 of even-numbered years. This creates a uniform renewal cycle. Unlike Florida's annual renewal, Georgia's biennial system reduces administrative burden for dealers.

Georgia dealer licensing typically takes 4-6 weeks from application to approval. The bond can be issued within 1 business day. Other requirements like location inspection, pre-licensing course, and background check add to the timeline. Start early to avoid delays.

Yes, Georgia requires a $35,000 surety bond for all used car dealer licenses. New car franchise dealers may have different requirements. The bond protects consumers from fraud, unpaid fees, or violations of motor vehicle laws.

Yes, we have specialized programs for all credit situations. We've secured Georgia dealer bonds for applicants with credit scores as low as 500. Rates vary based on credit, but approval is often possible. Our underwriters work with multiple carriers to find the best solution.

The surety company investigates claims filed by consumers or the Georgia State Board. If valid, they pay up to $35,000. You must then reimburse the surety for amounts paid plus legal costs. Maintain compliance with all Georgia regulations and consumer protection laws to avoid claims.

Georgia generally requires $35,000 for used car dealers. New car franchise dealers and wholesale dealers may have different requirements. Check with the Georgia State Board of Registration for your specific dealer category requirements.

Georgia dealer bonds must be renewed every 2 years by September 30 of even-numbered years. We send renewal reminders 60 days before expiration. Most renewals are approved within 1 business day with updated pricing based on current credit. Never let your bond lapse - it results in immediate license suspension.