Illinois Car Sales Tax

For motorcycles and.
Illinois car sales tax. The vehicle use tax is the same rate as the sales tax. These fees are separate from the taxes and dmv. Sales of motor vehicles from registered illinois dealers are taxed under the retailers occupation tax act tax rate. Number 2200159 illinois private party vehicle use tax is based on the purchase price or fair market value of the motor vehicle with exceptions noted on the right i e.
Average dmv fees in illinois on a new car purchase add up to 99 1 which includes the title registration and plate fees shown above. Clair and madison counties have different sales tax rates. The tax is imposed on motor vehicles purchased or acquired by gift or transfer from another individual or private party. However if you pay tax to another state at less than the illinois rates you must pay illinois the difference.
A license renewal sticker starts at 101. You should attach a copy of the bill of sale as proof of the purchase price. Sales taxes in illinois are calculated before rebates are applied so the buyer who pays 9 500 after a 2 500 rebate will still pay sales tax on the full 12 000. Illinois tax on new and used vehicles is generally 6 25 but can vary by location.
You are allowed credit for sales taxes paid to another state. See form rut 25 for the appropriate rate if the address for the title or registration is in one of these counties. Cost of buying a car in illinois. Illinois has a 6 25 statewide sales tax rate but also has 893 local tax jurisdictions including cities towns counties and special districts that collect an average local sales tax of 1 563 on top of the state tax.
Illinois documentation fees. Rut 5 r 12 19 printed by authority of the state of illinois 600 copies p o. Most counties in illinois have a 6 5 percent sales tax rate but cook dupage kane lake mchenry will st. Dealerships may also charge a documentation fee or doc fee which covers the costs incurred by the dealership preparing and filing the sales contract sales tax documents etc.
Vehicle use tax rut 25 and rut 25 lse click here to look up the vehicle use tax rate based on location. The vehicle registration fee is 150.