Who requires it
Georgia State Board for the Registration of Used Motor Vehicle Dealers and Used Motor Vehicle Parts Dealers
License & permit · Georgia
Georgia Used Motor Vehicle Dealer Bond
Used motor vehicle dealers licensed under chapter 43-47 must keep a surety bond on file with the State Board for Registration of Used Motor Vehicle Dealers and Used Motor Vehicle Parts Dealers. SB 293 amended O.C.G.A. § 43-47-8 so the used motor vehicle dealer amount is $50,000 effective July 1, 2026; used parts dealers remain at $10,000.
Common bond amount
$50,000 dealer / $10,000 parts
Used motor vehicle dealer amount increased from $35,000 to $50,000 effective July 1, 2026 (SB 293).
How you file
File with the Used Motor Vehicle Dealers board; covers purchaser claims
Renewal
Biennial; 30-day certified cancellation notice required
Who requires it
Applicants and licensees for used motor vehicle dealer credentials, and separately used motor vehicle parts dealers, dismantlers, rebuilders, and salvage dealers under the same chapter. New-vehicle manufacturer or franchise dealer programs outside chapter 43-47 are not covered here.
How much is required
O.C.G.A. § 43-47-8, as amended by SB 293 (effective July 1, 2026), establishes fixed amounts: $50,000 for used motor vehicle dealers and $10,000 for used parts dealers. The bond is payable to the Governor for purchasers harmed by misrepresentation, deceptive or unfair practices, or warranty breaches on used vehicles.
How to get and file it
Have a surety authorized in Georgia execute the dealer bond for the correct classification and amount. File it with the division director before or immediately upon license grant. Keep the public liability and property damage insurance the statute requires in addition to the bond. Licenses renew biennially. Do not cancel a posted bond without giving the division certified written notice at least 30 days beforehand. If the bond is canceled and no replacement is filed within ten days of the effective cancellation date, the division may revoke the license. Align renewals with the board’s even-year dealer cycle and current SOS instructions.
Cost note
$50,000 or $10,000 is the required bond amount, not the premium you pay. See bond amount vs premium. Bond amount vs premium →
Requirement checklist
- Used motor vehicle dealer amount
- $50,000 surety (post–July 1, 2026)
- Used parts dealer amount
- $10,000 surety
- Cancellation
- Certified letter to the division at least 30 days before cancellation; replacement within ten days of effective cancellation or license may be revoked
Official sources
Related resources
Frequently asked questions
What is the current Georgia used motor vehicle dealer bond amount?
The statutory bond amount is $50,000 as of July 1, 2026. SB 293 increased it from the previous $35,000 requirement.
Surety basics (not repeated here)
Universal surety concepts explained once—linked here instead of repeated on every state or bond page.
Continue with a Georgia application
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Last verified 2026-08-10. This guide is based on verified educational content and official sources.
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