Illinois vehicle dealers may be required to obtain a $50,000 Designated Agent Bond for Illinois Vehicle Dealers as part of their licensing requirements. Learn what Form RT DS 47 covers, who needs the bond, how much it costs, how long it must remain in effect, and how to obtain the required surety bond through QuickerBonds.

Renewing an Illinois auto dealer license requires more than simply paying the annual fee. Learn when your Illinois dealer license expires, when to submit your renewal, how much renewal costs, what insurance and dealer bond documents you may need, how to renew online or by mail, and how to avoid common renewal problems. This guide walks Illinois auto dealers through the renewal process step by step.