Illinois Car Sales Tax 2024

Illinois Car Sales Tax 2024. 2024 guide to state sales tax in illinois. All car sales in illinois are subject to a state sales tax rate of 6.25%.


Illinois Car Sales Tax 2024

Select new ev models can qualify for a tax credit of up to $7,500, which you can apply at the time of sale to reduce your purchase price. All car sales in illinois are subject to a state sales tax rate of 6.25%.

Over The Past Year, There Have Been 49 Local Sales Tax Rate Changes In Illinois.

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Effective January 1, 2024, Certain Taxing Jurisdictions Have Imposed A Local Sales Tax Or Changed Their Local Sales Tax Rate On General Merchandise Sales.

Sales taxes in illinois are calculated before rebates are applied, so the buyer who pays $9,500 after a $2,500 rebate will still pay sales tax on the full $12,000.

All Car Sales In Illinois Are Subject To A State Sales Tax Rate Of 6.25%.

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There is also between a 0.25% and 0.75% when it comes to county tax.

The State Of Illinois Charges A 7.25% Sales Tax Rate On All Vehicle Purchases.

The il sales tax applicable to the sale of cars, boats, and real estate sales may also vary by jurisdiction.

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