Your Complete Georgia Dealer License Guide [2021]

Published: May 27, 2021
 

georgia dealer license

 

Planning to start a used car dealership in Georgia? You’ll have to get a Georgia dealer license to launch your business in the state.

The Georgia Board of Used Motor Vehicle Dealers issues the following licenses: 

  • Used Motor Vehicle Dealer
  • Used Motor Vehicle Parts Dealer

In the guide below, you can find everything you need to know to obtain your Georgia used car dealer license. 

1. The Georgia Dealer License Requirements

The state Board of Used Motor Vehicle Dealers sets the criteria that you need to meet to get a used car dealer license. 

If you are a new vehicle dealer who also wants to sell used cars, you’ll need to apply for a local business license and a dealer registration number from the Georgia Department of Revenue

Business and Tax Registration

Your first step is to register your business in the state with the Secretary of State or the Georgia Corporations Division, depending on the entity you choose.  

You’ll have to obtain also:

  • Sales Tax Number from the state Department of Revenue
  • Federal Employer Identification Number (FEIN) from the Internal Revenue Service (IRS)

Established Place of Business

You’ll have to demonstrate that you have an established place of business with a sales room or office. It has to be in a building, in an open lot of a retail used motor vehicle dealership, in a permanent business of bartering, trading, offering, displaying, selling, or buying is carried on, or where the books, records and files necessary to conduct such business are kept. 

You’ll need to attach the following photos to your application:

  • Inside
  • Outside
  • Signage 

Your business location should have a landline telephone number and appropriate signage

You should also get a Zoning Certification for your place of business from your local zoning office. 

Fingerprint Background Check

You’ll need to authorize a fingerprint check. 

Pre-Licensing Seminar

All used car dealer applicants have to pass a pre-licensing seminar with one of the Board-approved education providers –  E-Learning, GIADA, or Ron Widener. 

2. Complete the Georgia Dealer License Application

Once you’ve collected all the required paperwork, it’s time to apply for your license. 

Georgia License Application Forms

You’ll need to fill out the GA Used Car Dealer License Application

Licensing Fees

The application fee for initial licensure is $170. You’ll have to pay the same amount for each additional location you’d like to operate. 

The renewal fee is $150 if you renew your license on or before March 31st of even-numbered years. The late renewal fee is $250.

3. Provide a Surety Bond and Insurance Policy

Posting a Georgia auto dealer bond is one of the indispensable requirements for getting licensed. The purpose of the bond is to guarantee your legal compliance. 

You’ll have to get a $35,000 bond for each licensed location. You’ll need to use the official form

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You’ll also have to obtain a certificate of insurance with minimum limit amounts of $50,000 / $100,000 / $25,000, or a single limit of $125,000.

4. Submit and Receive Your Georgia Dealer License

When you file an initial licensing application with the Board, you’ll get an inspection of your business location. If your application and the inspection are deemed complete and satisfactory, you’ll receive your Georgia used car dealer license. 

You can verify your license online once it’s been issued.

5. Conclusion

Your license expires on March 31st of even-numbered years. This means you have to renew it biannually, together with your surety bond. 

Need more details about the Georgia auto dealer license and bonding requirements? Submit your questions in the comments below!

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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.