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Find out how to calculate the tax due for private party vehicle sales in Illinois based on the purchase price or fair market value of the vehicle. See tables, exemptions, exceptions, and local government tax rates for 2024.
Learn how to calculate and pay the tax on motor vehicles purchased from another individual or private party in Illinois. Find out the tax rate, form, filing and payment requirements, exemptions and local taxes.
Learn how to pay or prove no tax for vehicles you purchase, lease, or transfer in Illinois. Find out which forms to use, when to file, and what rates apply to different types of vehicles.
Learn how to calculate the sales tax and fees for buying a car in Illinois, including trade-ins, rebates, and local rates. Compare the average tax rates by county and use the online calculator to estimate your costs.
Illinois collects a 7.25% state sales tax rate on the purchase of all vehicles. There is also between a 0.25% and 0.75% when it comes to county tax. In addition to state and county tax, the City of Chicago has a 1.25% sales tax. There also may be a documentary fee of 166 dollars at some dealerships.
Download or print the 2023 Illinois Form RUT-5 (Private Party Vehicle Use Tax Chart (Current Year)) for FREE from the Illinois Department of Revenue.
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., for motorcycles and specific situations). For most purchases, you will use Table A or B to determine the tax amount.
You can use our Illinois Sales Tax Calculator to look up sales tax rates in Illinois by address / zip code. The calculator will show you the total sales tax amount, as well as the county, city, and special district tax rates in the selected location.
Estimate the tax amount for registering your vehicle in Illinois with this online tool. Enter the purchase price and get the result based on the standard state tax rate of 6.25%.
View the Illinois Vehicle Use Tax Chart for 2024 in our extensive collection of PDFs and resources. Access the Illinois Vehicle Use Tax Chart for 2024 now, and then sign, print, or download it at PrintFriendly.