Illinois Automobile Dealers Industry Information Pamphlets
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How to fill out Automobile Dealers Industry Information Pamphlets?
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All applicants must be at least 18 year of age, have attained a high school diploma or equivalent (e.g. GED), have a properly completed sponsor card, personally take and pass an examination, file an application on forms provided by DPR, and pay all fees as required.
How to Get an Auto Dealer's License With No Storage LotContact the Zoning Department.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.More items...
Without Car Lot?Must have an enclosed office.Books and records safely stored.Electrical service.Restrooms.Facility used exclusively for dealer business.Parking Spaces (note it does not say lot)Permanent signing with letters at least 6 inches tall.Must comply with local regulations and zoning.
Illinois Auto Dealer License GuideObtain 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.
The federal Used Car Rule requires dealers to display on each used car offered for sale a window sticker, called a Buyers Guide, that includes warranty and other important information for consumers.
The Buyers Guidethe major mechanical and electrical systems on the car, as well as some of the major problems that consumers should look out for;whether the vehicle is being sold "as is" or with a warranty;what percentage of the repair costs a dealer will pay under warranty;More items...
You must get an Illinois Dealer License if you plan to deal 5 or more vehicles in a 12-month period. Not sure if you need a dealer license?
A buyer's guide is an online article that helps customers make a purchasing decision. It provides considerations for a specific product, including functionality, size, maintenance, price, and different features betweens models or brands.
Who Needs It: All individuals and businesses that sell or deal in 5 or more motor vehicles in a calendar year. Purpose: To ensure the public will receive compensation for any damages should the auto dealer fail to comply with dealer licensing law. Who Regulates Dealers in Illinois: The Illinois Secretary of State (SOS)
The FTC's (Federal Trade Commission) Used Car Rule requires California Dealers to post a Buyers Guide in every used car they offer for sale. You must post a Buyers Guide before you display a vehicle for sale or let a customer inspect it for the purpose of buying it, even if the car is not fully prepared for delivery.