Illinois Auto Loan & Sales Tax Calculator
Calculate your Illinois auto loan monthly payment and vehicle sales tax. Illinois charges 6.25% on vehicle purchases.
Illinois Sales Tax Rules
Illinois charges 6.25% state sales tax on vehicles. Trade-in credit applies. Local taxes vary significantly — Cook County/Chicago can reach 10.25%+ combined. State base rate shown here.
Source: 35 Ill. Comp. Stat. 105/3-10
Frequently Asked Questions
What is the vehicle sales tax rate in Illinois?
Illinois charges a 6.25% state sales tax on vehicle purchases under 35 Ill. Comp. Stat. 105/3-10. Local taxes can push the combined rate significantly higher — Chicago and Cook County can reach 10.25%+ combined.
Does Illinois reduce sales tax for trade-ins?
Yes. Illinois allows a trade-in credit — the trade-in value reduces the taxable purchase price before the 6.25% state rate is applied.
How do local taxes affect vehicle sales tax in Illinois?
Illinois allows county and city governments to add sales taxes on top of the 6.25% state rate. Chicago, in Cook County, has one of the highest combined vehicle rates in the country. Always check the combined rate for your specific location before purchasing.
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This tool is for informational and educational reference only and does not constitute financial advice. Calculations are estimates based on the inputs provided and state average data. Actual results will vary. Always consult a licensed financial advisor before making financial decisions.