Take a dealer training course.
Car dealers license illinois. The annual premium for an illinois auto dealer bond is a small percentage of the $20,000 bond amount. Below are nine general guidelines to obtain licensure as a licensed designated agent/motor vehicle dealer, but dealers should refer to the illinois dealer handbook for in. Vehicle services department dealer licensing section 501 s.
How to get a car dealer license to become an auto broker with new auto wholesale buying system in florida, texas, new york, new jersey,. The cost of an illinois auto dealer bond is a small percentage of the total bond amount. All states dealer licensing will help you not only get your automotive wholesale car dealers license, we help your business with a combination of services.
A $1000.00 license fee for applicants established place of business, but if such application is made after july 1st, the license fee is $500.00. If you are dealing with used vehicles, the fees are $50 and $25 respectively. The illinois secretary of state dealer licensing section requires any used automobile dealer that is applying for an illinois dealer license for the first time after november 1, 2009 to attend an.
A bond or certificate of deposit in the amount. The bond cost varies depending on your financial strength, e.g. That surety determines what that percentage (the premium rate) will be.
The retailers' occupation tax act. You can also take a look. The campground licensing and recreational area act defines campground as a recreational area.
Section 21―2 of the criminal code of 1961, criminal trespass to vehicles. Offenses against registration and certification of title laws of the illinois. The steps you'll need to follow will include: