Dealer Licensing Requirements

Dealer Licensing Requirements Application For New Motor Vehicle Dealer License The Illinois Secretary of State requires the following in regard to the establishment of a new car facility. An application for a new vehicle dealer’s license to be filed with the Secretary...

Vehicle License, Title and Registration Requirements

Vehicle License, Title and Registration Requirements If a dealer secures a vehicle and holds it for resale and procures the Certificate of Title or Certificate of Origin (C of O) from the owner or lienholder within 10 days, he or she need not send the Certificate to...

Tax Procedures

Tax Procedures The statewide sales tax rate is 6.25% collected by the Illinois Department of Revenue with 1.25% being returned to local governments where the goods were purchased. Actual tax rates throughout the state vary because, in addition to state taxes, the...

Advertising Laws and Regulations

Advertising Laws and Regulations The following chapter attempts to provide some of the various laws and regulations that affect motor vehicle advertising.  This information is not all encompassing and as always dealers should consult with their private legal counsel...

Lemon Law

Lemon Law ILLINOIS NEW VEHICLE BUYER PROTECTION ACT (“LEMON LAW”) (815 ILCS 380/1 et. Seq.) The Illinois Vehicle Buyer Protection Act (“Lemon Law”) applies to new motor vehicles (new passenger cars and second division vehicles that weigh 8,000 pounds or...