Illinois Car Dealer License Guide
Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Illinois auto dealer bond needs. Learn how to get a Illinois car dealer license, and contact us today to request a quote on the bond you need. What Are the Different Types of Illinois Auto Dealer Licenses? In Illinois, auto dealers are licensed by the Secretary of State, Vehicle Services Department, Dealer Licensing Section. The main types of licenses are: New and used vehicles Used vehicles only Motorcycles Trailers Community-based manufactured homes Manufactured home dealer Salvage dealer Buy here pay here used vehicle dealer The focus of this guide is on obtaining a used vehicles only license. What Are the Steps in the Licensing Process? Before applying for your dealer license, you’ll need to: Secure a permanent business location that meets the requirements of the Illinois Administrative Code, Section 1020.10. Complete eight hours of pre-licensing training conducted by the Secretary of State’s office. Register as a retailer with the Illinois Department of Revenue and obtain a tax number. Purchase general liability insurance...
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