How do I start a car dealership in Illinois?

Illinois Auto Dealer License Guide Obtain a Permanent Business Location. Attend Dealer Training Classes. Compile the Required Documents. Obtain Proof of Liability Insurance. Obtain Your Auto Dealer Bond. Submit Your Dealer License Application. Click to see full answer. Simply so, can I get a dealers license without a car lot in Illinois? How to Get…

Illinois Auto Dealer License Guide Obtain a Permanent Business Location. Attend Dealer Training Classes. Compile the Required Documents. Obtain Proof of Liability Insurance. Obtain Your Auto Dealer Bond. Submit Your Dealer License Application. Click to see full answer. Simply so, can I get a dealers license without a car lot in Illinois? How to Get an Auto Dealer’s License With No Storage Lot Contact the Zoning Department. Contact the zoning department for your city or county. Contact the Secretary of State’s Office. Contact the Department of Motor Vehicles. Complete the Auto Dealer Application. Apply for a Surety Bond. Complete a Dealership Training Course. Register the Business Name. Apply for a Sales Tax Number. Also, how much does it cost to start a car dealership? The total cost of opening a car dealership is generally considered to be upward of $100,000 to as much as $200,000. The reason for the range in the cost is due to the difference in expenses depending on the state you are opening your dealership in, and the type of dealership you will be opening. Simply so, how much does it cost to get a car dealer license in Illinois? The cost of a vehicle dealer license to sell new and/or used motor vehicles costs $1,000. Licensed dealers may purchase license plates to demonstrate their vehicles: $45 for a master set and $13 for duplicate plates as set by Illinois Vehicle Code (625ILCS 5/3-602).How do I set up a car dealership? The general process for getting into business is: Fill out an application form. Get a surety bond (states specify the minimum amount based on your line of business). Buy liability insurance for your inventory (vehicles). Get your sales tax number. Establish your permanent business location.

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