Selling any number of vehicles with the intent to make a profit requires a Used Car Dealer License in the state of Georgia. The “Rule of 5” that many people misunderstand is simply a method of fraud detection used by the state for catching violators.
Yes, a certificate of completion from a Prelicense Seminar must be submitted as part of the application process for a Used Car Dealer License in Georgia.
Due to the many variables involved, there’s no general answer for this question. Talk to one of our consultants for more information.
The Prelicense Seminar is only one part of the application process. You will need to complete all application requirements and submit it to the Secretary of State.
If an application is completed accurately and there are not circumstances which require the application to go before Board Review, it takes 8-10 weeks for a license to be approved and issued.
Yes, the state requires a Licensed Used Car Dealer to have and maintain an established place of business as defined by O.C.G.A 681-6-.01
This is an extremely rare occurrence. Any location must be approved by zoning through the City or County in which it resides and must also meet all state requirements for an established place of business.
No, you do not have to live in Georgia to own a Used Car Dealership in Georgia. However, someone with your company must have a Georgia’s Driver’s License and be authorized on your Master Tag Application to get Dealer Plates.
In Georgia, there is not a separate license for Brokers & Retail Dealers. The difference between a Broker and a Retail Dealer is how the location is zoned. If an office location is not zoned to hold inventory, that dealer must be a Broker.
No, a Prelicense Seminar is a requirement. A GIADA membership is just the easiest & cheapest way to get assistance with your application, have all of your questions answered, and get auction coupons that save thousands on buy & sell fees.
No, only the the person who will be listed as the Designee on the License will need to take a PreLicense Seminar. A Designee is considered the license holder.
No, there can only be one License per Location and one Designee per License. Multiple partners would be detailed in your business structure.
Charges which suggest a history of Identity Theft or Financial Fraud may make you ineligible for license regardless of the sanction period. Denial & Exceptions would be determined during the GA State Used Car Board Review.
You are eligible to apply for a license as long as you do not currently have charges pending, you are not currently on probation or parole, and you are outside of any sanction period relative to past charges.
Generally they meet once a month but it can vary.