is there sales tax when buying from an individual not a dealer?
2 Answers
The state DMV will hit you up for the tax when you register the car. Check with the Illinois DMV but the tax is probably the going sales tax rate you pay on other things.
3 people found this helpful.
LarkinHuey answered 7 years ago
If you buy from a licensed dealer, he is required to collect the sales tax and forward it to the state. If you buy from an individual, you pay the sales tax when you get your tag at the courthouse. As far as amounts, since you live in a liberal state, the sales tax is astronomical. In Illinois, there is a 6.25% state sales tax on cars, a county sales tax of 2%, with a home rule tax of 1%, and an RTA tax of 1%. So, if you buy a car for $5,000 in Illinois, the sales tax alone will be $500.
1 people found this helpful.