Dealer Surety Bond in Georgia: $10,000–$100,000 Requirement
Georgia requires all licensed dealers to maintain a $10,000–$100,000 surety bond. Here is exactly what you need, what it costs, and what happens when a claim is filed.
Bond Requirement at a Glance
Amount varies by state and dealer license category. Contact your state DMV for the exact requirement.
Who Needs a Surety Bond in Georgia
Most states require a surety bond as a condition of obtaining and maintaining a dealer license.
- New vehicle dealer
- Used vehicle dealer
- Wholesale dealer
- Motorcycle dealer
How to Get a Bond in Georgia
Where to get it: Any state-licensed surety company
Use the state DMV-approved bond form. File with your dealer license application.
Annual Premium Cost
0.5%–3% of bond face value per year
Premium is based on your personal credit score. Good credit = lower annual cost.
How Claims Work
Injured buyer files with state DMV or directly with the surety company.
Valid claims are paid up to the bond face value. Dealer must reimburse the surety for any paid claims.
Penalties for Operating Without a Bond
Georgia-Specific Note
Georgia-Specific Facts for Dealer Surety Bond
Georgia Vehicle transfer fees and requirements
In Georgia, the title transfer fee is $18 and registration costs $20 per year. Vehicle sales are subject to Title Ad Valorem Tax (TAVT) of 6.6% of fair market value. Georgia does not require notarization for private-party vehicle transfers. Emission testing is required in Georgia — verify the vehicle passes before completing the sale.
- TAVT replaced sales tax and annual ad valorem tax in 2013
- Emissions testing required in 13 metro Atlanta counties
- Title must be transferred within 30 days of purchase
Georgia sales tax on vehicle purchases
Georgia has a 6.6% state sales tax rate. 6.6% TAVT (Title Ad Valorem Tax) on fair market value. Private-party vehicle sales in Georgia are subject to sales tax. TAVT applies to all vehicle sales — replaces sales tax since 2013. The title transfer fee is $18.
Georgia bill of sale statistics
BillOfSaleNow has generated 3,204 bill of sale documents for Georgia transactions, with 86 generated this month alone. The most popular vehicle type is car.
More Georgia Vehicle Guides
- Dealer Fraud Claim in Georgia
- Dealer Prep Fees in Georgia
- Vehicle Deposit Refund in Georgia
- Sell Car With Suspended License in Georgia
- EV Tax Credit in Georgia
- Emissions Inspection in Georgia
Each guide is written specifically for Georgia laws, agencies, and procedures. Bookmark for future reference.
Frequently Asked Questions
How much is a dealer surety bond in Georgia?
Georgia requires a $10,000–$100,000 surety bond for licensed dealers. Amount varies by state and dealer license category. Contact your state DMV for the exact requirement.
Who requires a dealer surety bond in Georgia?
State DMV or Motor Vehicle Division requires the bond. Most states require a surety bond as a condition of obtaining and maintaining a dealer license.
How much does a dealer surety bond cost annually in Georgia?
Expect to pay 0.5%–3% of bond face value per year. Premium is based on your personal credit score. Good credit = lower annual cost.
What happens if a Georgia dealer doesn't have a surety bond?
Dealer license denial, suspension, or revocation. Possible criminal charges for operating without a bond.
How does a surety bond claim work in Georgia?
Injured buyer files with state DMV or directly with the surety company. Valid claims are paid up to the bond face value. Dealer must reimburse the surety for any paid claims.
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Generate Bill of SaleSource: State DMV Dealer Licensing Division. Verify current bond amounts with your state DMV before purchasing.