I am planning to register my vehicle in Illinois and would like to know the amount of the registration fee.
7 answers
HallyuHype
Tue Oct 22 2024
It's important to note that in addition to the state sales tax, some counties in Illinois may impose additional taxes on vehicle purchases. These county taxes vary and should be considered when budgeting for a new vehicle.
SolitudeSeeker
Tue Oct 22 2024
The title fee for a new vehicle in Illinois is $165. This fee is charged by the state's Department of Motor Vehicles and is required to obtain a title for the vehicle.
Stefano
Tue Oct 22 2024
Along with the title fee, there is also a license and registration fee of $151. This fee covers the cost of registering the vehicle with the state and obtaining the necessary license plates.
CryptoElite
Tue Oct 22 2024
In Illinois, the standard tax rate on a new vehicle purchase in 2024 is set at 7.25%. This percentage applies to the total sales price of the vehicle, which includes any additional fees or charges.
CryptoChampion
Tue Oct 22 2024
The total cost of purchasing a new vehicle in Illinois in 2024 will depend on the sales price of the vehicle, any applicable county taxes, and the fixed title and license fees.