How much does a title transfer cost in Illinois?

Title transfers are necessary when buying or selling a vehicle in Illinois. They involve the legal transfer of ownership from one person to another. However, the cost of a title transfer in Illinois can vary based on different factors. Let’s explore the expenses involved and answer some frequently asked questions related to title transfers in Illinois.

How much does a title transfer cost in Illinois?

**The cost of a title transfer in Illinois is $95.**

The standard fee for a title transfer is $95 in the state of Illinois. This fee applies to passenger vehicles, trucks, motorcycles, and trailers.

1. Does the title transfer fee vary depending on the vehicle type?

Yes, the title transfer fee remains the same regardless of the type of vehicle being transferred.

2. Are there any additional fees associated with a title transfer?

Additional fees may apply if you decide to expedite the title transfer, obtain a duplicate title, or register the vehicle at the same time.

3. How much is the expedited title transfer fee?

The expedited title transfer fee in Illinois is $30 on top of the standard $95 transfer fee.

4. Can I pay the title transfer fee using a credit card?

Yes, credit cards are accepted as a form of payment for the title transfer fee.

5. Are there any circumstances where the title transfer fee is waived?

Yes, if the transfer is between spouses, parents and children, or among siblings, the title transfer fee is waived.

6. Is there a fee for correcting information on a title during a transfer?

Yes, there is a $15 fee for correcting information on a title during the transfer process.

7. Are title transfers subject to sales tax?

Yes, title transfers in Illinois are subject to sales tax. The tax rate is based on the purchase price of the vehicle.

8. Can a title transfer be done online?

No, title transfers in Illinois cannot be completed online. They must be done in person at the Secretary of State facility or through the mail.

9. Is there a late fee for transferring the title within a certain timeframe?

No, Illinois does not impose a late fee for title transfers.

10. Can I calculate the title transfer fee in advance?

Yes, the Illinois Secretary of State website provides a fee chart to help you calculate the title transfer fee based on the purchase price of the vehicle.

11. Do I need proof of insurance for a title transfer?

No, proof of insurance is not required for a title transfer in Illinois.

12. How long does it take to receive the new title after a transfer?

Typically, it takes around four to six weeks to receive the new title after a transfer.

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