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requesting advice for new dealer

Sourcing the right cars in the price ranges that you mentioned may present a challenge. BUT, there are a lot of options. Once you are licensed and a registered dealers in your state, you can then join some online inventory, dealer only, sale websites. DealerMatch is a good choice to start with. This is a paid site but the monthly membership fee is nominal. Free sites that you can source inventory from are Manheim OVE and SmartAuction. Another place that you can attend a physical auction that always has a huge selection of cars in the price range that you mentioned is CarMax auctions. I checked their directory and they list 6 stores in Illinois. They have auctions at their stores selling their trade-ins and the cars that they buy from consumers that they do not want to retail. Depending on the size of the stores in your area, they either have them weekly or biweekly. The competition at these sales will be high. It is not uncommon that one near me in Laurel MD has 1000+ cars each with with 800-900 dealers there bidding. Hope this helps and wishing you the best.

Thank you for the advice Mr. Simmons. I have been to Carmax auctions as well as Manheim. The cars at carmax auctions are always over bid on. But for what ever reason people still buy them. As far as manheim in Bolingbrook and Mattesen, I have had decent experience there. There are a few other auctions locally that I have been to in the past that haven't been as crowded but the quality of cars is sometimes questionable. Hopefully when all the paper work is done, the license is approved and the business is running I will be able to source good cars. I appreciate your time and advice.