Illinois State Sales Tax Rate The foundation of your tax calculation is the state sales tax rate. Manual calculation helps you understand your bill of sale and catch any potential errors made by the dealership's finance department.
How To Calculate Sales Tax On Car Illinois
The total price on the window sticker or dealer invoice rarely reflects the actual amount you will pay at the closing table. Illinois imposes a flat state sales tax on motor vehicle purchases.
This means that for every $100 of the vehicle's purchase price, $6. State law adds a significant percentage on top of the purchase price, and local jurisdictions can add even more.
How To Calculate Sales Tax On Car Illinois
Understanding how to calculate car sales tax in Illinois is essential for any vehicle buyer. How to Calculate the Tax To calculate your total sales tax, you must combine the state rate and the local rate to get a combined rate.
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