Find the current Illinois Car Sales Tax, and also check the current sales tax rate for Illinois cities. The Car Sales Tax Rates includes the state sales tax, and the county & city taxes.
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What is the Car Sales Tax in Illinois?
The current Illinois State Sales Tax Rate is 6.25%, and has been in place since 1933. If you include the county taxes and the local taxes the total sales tax rate is between 6.25% and 11.00%. Illinois has a origin-based sales tax, and the sales tax rates are determined by the location of the vendor, not by the location of the buyer.
The trade-in is taxed in Illinois?
When you trade in your old vehicle you get a tax break, and you will be only taxed on the difference between the new car and your trade-in car. If your new car price is $30,000 and you get $10,000 for your trade-in car, you’ll be taxed on the amount you pay, or $20,000, in this case, saving you $1000 if the car sales tax is 10%.
Rebates and incentives are taxed?
Rebates and incentives you receive when buying a new car are also taxed in Illinois, and you’ll pay the tax on the full price of the vehicle.
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We strive to offer the most accurate car tax rates available, but the sales tax rate are subject to change, and you should also check your local government tax offices for the current city, county, and state tax rates. No warranty is made as to the accuracy of information provided.