Vehicle Bill of Sale in Illinois — Free Template & Guide

When creating a vehicle bill of sale in Illinois, the following requirements must be met:

• Identification: All parties must be identified by their full legal names and complete mailing addresses as used in Illinois.
• Date and signatures: The document must be dated and signed by all relevant parties. Both the buyer and seller must sign the bill of sale. Illinois does not require notarization for a bill of sale, but the title assignment must be properly completed.
• Accurate information: All details included in the document must be accurate and truthful. Providing false information on a legal document in Illinois can result in penalties.
• Vehicle details: The VIN, year, make, model, and odometer reading must be included. Federal odometer disclosure is required for vehicles less than 20 years old.
• Form VSD 190: Use Illinois Secretary of State Form VSD 190 as the official bill of sale. This form must include the purchase price, vehicle description, and signatures of both parties.
• Sales tax and title fee: Illinois charges a 6.25% sales tax on private vehicle sales (rate based on buyer's address). The title fee is $150 for standard processing. Expedited processing is available for an additional fee.
• Copies: All parties should retain signed copies of the completed document for their records. Illinois law may specify retention periods for certain document types.

Meeting these requirements helps ensure that your vehicle bill of sale will be accepted by Illinois courts, government agencies, and other institutions. Our form builder prompts you for all required information and generates a document that satisfies these IL requirements.

After creating your vehicle bill of sale in Illinois, you may need to take additional steps depending on the type of document and its purpose:

1. Complete the document: Use our online form builder to fill in all required information and generate your Illinois vehicle bill of sale.
2. Review and sign: Both parties should carefully review the document for accuracy before signing. Illinois does not require notarization for the bill of sale, but both parties must sign the document and the title assignment.
3. Make copies: Create copies for all parties involved. Keep original signed documents in a safe location.
4. Transfer title: The seller must sign the title assignment on the back of the Illinois title certificate and provide it to the buyer along with the completed Form VSD 190 (bill of sale).
5. Submit to Secretary of State: The buyer must bring the signed title, Form VSD 190, proof of insurance, and valid ID to a Secretary of State facility within 20 days. The buyer pays the 6.25% sales tax and $150 title fee.
6. Emissions testing: Vehicles registered in certain Illinois counties (Cook, DuPage, Lake, Will, Kane, and parts of McHenry and Grundy) may require emissions testing before registration.
7. Keep for records: Retain your copy for at least the period required by Illinois law, which varies by document type but is generally a minimum of three years for tax-related documents.

The Illinois Secretary of State oversees vehicle titles and registration. Visit an Illinois Secretary of State facility or their website for current forms, fees, and processing times.

Illinois has specific laws that affect how vehicle bill of sale documents are created, executed, and enforced:

The Illinois Vehicle Code (625 ILCS 5/3-104) requires title transfer applications within 20 days of purchase. Section 3-113 governs odometer disclosure requirements. The Illinois Retailers' Occupation Tax Act and Use Tax Act impose a 6.25% tax on private vehicle sales. Illinois also requires emissions testing in designated counties under the Illinois Environmental Protection Act. The Secretary of State maintains vehicle records and processes title transfers.

It is important to be aware of these IL-specific regulations when creating your vehicle bill of sale. Our templates are designed to account for common state requirements, but for complex legal situations, consulting with a Illinois-licensed attorney is recommended.

Here are important tips for creating a vehicle bill of sale in Illinois:

• Verify all information: Double-check names, addresses, dates, and amounts before signing. Errors can cause delays or legal complications in Illinois.
• Keep copies: Always retain signed copies of the completed document. Store them in a safe, accessible location.
• Use Form VSD 190: Complete the official Illinois bill of sale form (VSD 190) to ensure all required information is documented properly.
• Transfer within 20 days: Illinois requires the buyer to apply for title transfer within 20 days of the purchase date. Late transfers may result in penalties.
• Budget for the $150 title fee: Illinois has one of the higher title fees in the country at $150. Plan for this cost in addition to the 6.25% sales tax.
• Act promptly: If the document requires filing with a Illinois government agency, do so within the required timeframe to avoid penalties or complications.
• Seek professional advice when needed: For complex situations or high-value transactions in Illinois, consider consulting with a local attorney to ensure your interests are fully protected.