Illinois imposes a flat state sales tax on motor vehicle purchases. This means that for every $100 of the vehicle's purchase price, $6.
How to Calculate Illinois Car Purchase Tax with Local Rates
You should always confirm the combined rate for the exact location where the vehicle will be registered to ensure your calculation is accurate. Combined Tax Rate Taxable Vehicle Price Total Sales Tax 7.
Illinois State Sales Tax Rate The foundation of your tax calculation is the state sales tax rate. Current State Rate As of the current tax period, the state sales tax rate for vehicle transactions in Illinois is 6.
How to Calculate Illinois Car Purchase Tax with Local Rates
For example, the Chicago metropolitan area typically has a combined local rate that is higher than rural counties. 08, resulting in $1,600 in sales tax.
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