To open a small used car dealership in Georgia, you must obtain a Georgia dealer license and meet all state licensing requirements.
To obtain a Georgia dealer license, you must complete a 4-hour dealer training course, obtain a dealer surety bond & insurance, get fingerprinted, and maintain an office or business location that is zoned for a dealer license.
A Georgia dealer license may be operated from a home location only if local zoning regulations allow it. The dealership office must be located in a building that is separate from the residence. Most Georgia cities require a small commercial office unless home-based dealer operations are specifically permitted by local zoning authorities.
Typical costs associated with obtaining a Georgia dealer license include:
Applicants with lower credit scores or a bad driving record can make monthly payments on their surety bond and insurance.
Earnings vary depending on inventory, market conditions, vehicle pricing, and sales volume. Some dealers report significant profits on individual vehicle sales. This video demonstrates an example showing how a dealer can make up to $23,644 on a single sale.
Georgia allows dealers to operate with a small office without a lot. A Georgia dealer broker license can allows you to purchase vehicles at wholesale prices and sell them at retail prices without maintaining a large inventory lot. We show you how to find a broker office in your dealer training course.
Yes. A person with a felony conviction may obtain a Georgia dealer license, provided the conviction is not related to automotive fraud, financial crimes, or other disqualifying offenses as determined by state licensing authorities.
Georgia typically allows applicants to receive up to three dealer license plates when first licensed. Additional dealer tags may be requested after you are licensed and operational.
The required $35,000 Georgia dealer surety bond is priced based on your credit score. Applicants with stronger credit generally pay lower premiums, while those with lower credit scores may pay higher rates. We can submit your bond quote to the bond carrier that issues bonds to dealers with your credit score in your Georgia dealer training course.
A Georgia dealer license allows a dealer to attend dealer-only auctions and purchase vehicles at wholesale prices. A Georgia auction license is required to operate a motor vehicle auction business that sells vehicles to dealers or the public.
The Georgia Used Motor Vehicle Board currently requires pre-license dealer training to be completed in person. However, continuing education courses may be completed online. You can view the Georgia Dealer License Course FAQ Here!
Georgia dealer pre-license training classes are offered throughout the state. Check the current dealer pre-license class schedule to find available training locations and dates near you.