Learn All About Motor Vehicle Bonds & Georgia Car Dealer License Requirements
Opening up a car dealership isn’t as easy as simply putting a few “For Sale” signs in the windows of extra cars you happen to have on hand. You actually have to follow a careful process to ensure that you obtain your Georgia car dealer license, protect yourself with the appropriate dealer bond insurance, and more. Here, you’ll learn a little bit about that process so you can get started quickly and easily.
The first step of the process to get your Georgia car dealer license is completing an application. Your application though will include multiple components.
This includes the license fee itself, as well as your surety bond. A Georgia dealer bond must be for $35,000, and expire on March 31 of even years.
Other components you need to include will be your certificate of insurance, as well as for zoning compliance, and photos of your location. You also must be fingerprinted and submit to a background check based on this fingerprint.
One additional requirement will be that you need to attend a mandatory board-approved seminar pre-licensing. Don’t forget that you’ll also need to apply for a state sales tax number, and submit a cop y of that application with this application.
Of course, this was a somewhat simplified version of the application process. But it has all of the major points covered. More details, including all of the fees for licenses, renewals, and other steps of the process, can be found in this helpful PDF guide from Georgia’s Secretary of State licensing website.
At ACI, we’re here to make the process easy for you though. We’ll guide you through your requirements and help you enjoy a smooth and successful launch of your new venture.
If you have any more questions about the process of obtaining a used vehicle dealer license in Georgia, or your dealer surety bond coverage, then feel free to get in touch. You can call us directly at 407.889.2612 and we’ll get you moving in the right direction, and provide you with a hassle-free, no obligation quote.