New Illinois 2020 Trade-In Tax Coming Soon

Appraise Your Trade-In Before The New Tax
New Illinois Trade In Sales Tax Example

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.