How to Become a Car Dealer in Illinois

How to Get a Dealer License in Illinois

To sell vehicles in Illinois, you must be licensed through the Illinois Secretary of State.

Step 1: Complete Dealer Training

Illinois requires:

• A pre-licensing education course for dealers

Step 2: Register Your Business

• Form a business entity
• Obtain an EIN
• Register with the state of Illinois

Step 3: Secure a Business Location

Requirements include:

• Permanent office
• Display lot
• Business signage

Step 4: Obtain Insurance and Bond

Illinois requires:

• Liability insurance
• $50,000 dealer surety bond

Step 5: Submit Your Application

Include:

• Dealer application
• Proof of training completion
• Background check
• Photos of location

Step 6: Pass Inspection

Your dealership will be inspected for compliance.

How Long Does It Take?

Typically 4 to 8 weeks.

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Disclaimer

Please note: The contents of this article are subject to change with any regulatory or legislative updates. This article does not constitute legal advice. Always verify the information with your state’s regulatory agency before proceeding.

Sources

https://www.ilsos.gov
https://www.bryantsuretybonds.com/blog/illinois-dealer-license
https://www.acvauctions.com/blog/how-to-get-a-dealer-license-in-illinois