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What is the Georgia Used Auto Dealer Surety Bond?

Before you get your Georgia used vehicle dealer license or used vehicle parts license issued, you'll need to purchase a surety bond called an auto dealer bond. If this is your first time getting a used vehicle dealer licensed, the concept of a surety bond is probably new to you. 

Video Timestamps:

  • 00:22 - Video agenda
  • 00:50 - What is an auto dealer surety bond?
  • 00:54 - Who is required to purchase a dealer surety bond?
  • 01:29 - What does a dealer bond protect against?
  • 02:13 - What is the bond amount?
  • 02:35 - How much does a dealer bond cost?
  • 02:51 - The surety bond price equation
  • 02:59 - Factors that affect the bond price
  • 03:23 - How NOT to overpay for your dealer bond
  • 04:15 - Pricing examples for the Georgia dealer bond
  • 04:36 - How long does it take to get your bond?
  • 05:07 - How to keep your dealer bond active?
  • 05:19 - Used dealer bond expiration date
  • 05:44 - What is a continuous bond?
  • 06:09 - Used dealer parts bond expiration date
  • 06:34 - How to purchase your bond today

Go purchase your used auto dealer bond from our Georgia bond pricing page.


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