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At this time a full year registration cost $18, so the registration cost was prorated to the number of months that was chosen. A nine-month registration was $13.50 while a 23-month registration cost $34.50. Initially the month that a registration would expire was based upon the last two digits of a license plate number.
In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan. Car title loans frequently involve high interest rates, a short time to repay the loan (often 30 days), and a loan amount less than the car's monetary worth.
The National Motor Vehicle Title Information System (NMVTIS) is an electronic system that gives valuable information about a vehicle's condition and history. NMVTIS allows consumers to find vehicle information such as title data, most recent odometer reading, history of make and model, and theft records, [1] but not maintenance or repair history or information about manufacturer recalls. [2]
Most validation stickers are either serialized (with the serial number recorded on the registration), or are printed by a special printer at the time of registration or renewal with the vehicle's license plate number on them to discourage fraudulent sticker use, as the sticker will be valid only for the plate for which it was intended. [3]
The Secretary of State Police of Illinois is a statewide police force, established in 1913; it is responsible for enforcing the laws of the Illinois Vehicle Code such as regulating businesses involved with the sale of motor vehicles and vehicle parts. Its main purpose is to protect consumers against fraud through adherence to state statutes.
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