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People also ask
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What are the location requirements for a dealer license in Illinois?
Each person seeking to be or already duly licensed as a new or used vehicle dealer under the Illinois Vehicle Code shall maintain an established place of business which shall, be regularly occupied for the primary and principal purpose of selling, buying, bartering, exchanging or dealing in vehicles and have on display ...
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How to become a used car dealer in Illinois?
9 Steps to Getting an Illinois Dealer's License Determine the Type of Car Dealer License. ... Fulfill the Prerequisites. ... Obtain a Permanent Business Location. ... Complete the Pre-Licensing Education Course. ... Secure a Surety Bond. ... Obtain Proof of Liability Insurance. ... Submit the License Application & Fees.
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What does it take to get a liquor license in Illinois?
How to Get a Liquor License in Illinois Research Local and State Requirements. ... Identify the Appropriate Liquor License for Your Restaurant. ... Gather Necessary Documentation. ... Submit Your Application. ... Pay Application Fees. ... Wait for Approval. ... Stay Compliant and Renew Your License.
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How to start a used car dealership in Illinois?
8 Steps to Getting Your Illinois Dealer License Choose Your License Type. ... Fulfill the Basic Requirements or Prerequisites. ... Secure a Permanent Business Location. ... Complete the Pre-Licensing Course. ... Acquire a Surety Bond. ... Obtain Proof of Liability Insurance. ... Submit Your Application & Fees. ... Pass Background Checks & Inspections.
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How many cars can you sell in Illinois without a dealer's license?
If you buy, sell, or trade more than 5 vehicles in a 12-month period in the state of Illinois, then you are legally required to obtain a motor dealer license. There are serious penalties for buying, selling, or trading more than 5 cars without a license, including jail time.
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How do I become a liquor distributor in Illinois?
The applicant must obtain a bonding certificate from a local insurer or obtain a letter of credit from a bank. If applying for an importing distributor's license, a foreign importer's license or both only one bond is required. All licensed distributors are required to file the IL-567-0014, Registration Statement.
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How to get a dealer license without a car lot in Illinois?
Can I Get a Dealer License Without a Car Lot in Illinois? Obtain and complete the application checklist. Take a dealership training course. Register your business. Get insured. Pay for a surety bond. Obtain a Federal Tax Identification Number. Obtain a Sales Tax Number. Submit the application.
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How much does it cost to get a car dealer license in Illinois?
Submit Your Dealer License Application Submit your application form, along with all supporting documentation, to the Illinois Vehicle Services Department. Fees: Certificate of Authority annual fee: $1,000 ($500 for a first application between June 15 and December 31) Master plates annual fee: $45.
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