Want to open a car dealership in Illinois? Learn how to get your Illinois dealer license step by step, including business and location requirements, zoning, the $50,000 Illinois dealer bond, required insurance, fingerprinting, dealer training, application fees, and the dealership inspection. This complete 2026 guide explains what new and used car dealers should know before applying and how to avoid common licensing mistakes that can delay approval.

How much profit should you make on each used car? Learn how to set realistic profit targets, calculate your true cost per vehicle, account for reconditioning and operating expenses, manage inventory age, and protect your margins. This guide explains gross versus net profit and shows how smart buying, pricing, inventory management, and additional dealership revenue can help you build a more profitable used car operation.