New Illinois Vehicle Tax Overview
- New Trade-In Tax Will Begin Jan. 1st 2020
- SB 690 was signed June 28th by Gov. J.B. Pritzker
- IL sales tax will be applied to trade-in value above $10,000
- New IL trade-in tax cost expected to be $60 million a year
- House Bill 3890 and House Bill 3891 would reverse this new tax before it goes into effect
- Illinois gas taxes were doubled July 1st 2019
- Illinois registration fees are increasing substantially in 2020
Help Repeal Senate Bill 690
After a gas tax increase and vehicle registration fee increase, the cost-to-own a car in Illinois keeps going up. Add your voice to the many Illinois residents that are ready for a break from more taxes on owning a car.
Trade-In Appraisal
We offer an easy online trade-in appraisal. Get the True Market Value® of your vehicle in less than a minute. Powered by Edmunds. If you're thinking about trading-in your old vehicle, now is a great time before the new tax takes effect. Â
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