Illinois DMV Bill of Sale

If you are stuck in registering the vehicle then you should read this. If you are buying a vehicle then you should have strong proof that you have traded personal property(In this case a vehicle). How does the bill of sale help in this? Let’s understand that. We will try to explain to you every term of the Illinois DMV bill of sale. Where to use it? how to use it? How to write the bill of sale in Illinois? Every state has a different bill of sale and they also follow different formats to write the bill of sale. Many states require notarization. So allows us to explain all the information.

Bill of Sale For Illinois

Illinois DMV Bill of Sale

For registering as a vehicle in Illinois you must be a resident of Illinois state. Illinois state gives you a 20 days time period to register the vehicle after the purchase. If you do not register the vehicle within 20 days then you might pay the penalty for late registration. If you are buying a vehicle from an individual then you will have to go to your local Illinois DMV in person to register your vehicle. You must carry an Illinois DMV bill of sale if you are going to your local DMV office.

How To Write A Bill of Sale

Step 1 – Enter Seller and Buyer Details  illinois

  • Enter Seller’s  Name
  • Seller’s  Driver’s License Number
  • Seller’s  Address
  • City
  • State
  • Zipcode 
  • Enter Buyer’s  Name
  • Buyer’s  Driver’s License Number
  • Buyer’s  Address
  • City
  • State
  • Zipcode

Step 2 –  Enter complete Vehicle information in  Illinois DMV bill of sale

  • Year 
  • Make 
  • Model 
  • Colour 
  • Manufacturer  
  • Body Type 
  • Vehicle identification number (VIN)
  • Odometer Reading

Step 3 – Trade Price of the vehicle – Check any of the boxes that apply 

  • Enter the amount in words 
  • Provide the amount in numbers
  • Enter the sale date and the payment date in mm/dd/yyyy format
  • Check the box if the motor vehicle is a gift for the ‘buyer’ 
  • If there is any condition decided by the seller or buyer you can write down in brief in provided space or else leave it blank. 

Step 4 –  The buyer should go through the Illinois DMV bill of sale document and if the buyer has agreed to all the statements and all the witnesses are present in the notary public. Then the buyer should provide a signature into the dedicated Buyer’s signature box. 

Step 5 – Both the entity should provide Signature 

  • The date the signature in dd/mm/yyyy format 
  • Seller’s Signature
  • Seller’s  Name 
  • Buyer’sSignature
  • Buyer’s Name 
  • Witness Signature
  • Witness Name

Step 6 – Notarization as the notary is complete they will affix the state seal on the document.  

Step 7 – Make copies of the  Illinois DMV bill of sale and provide the copy to the seller and the buyer keeps the original. 

How To Use The Bill of Sale At Illinois DMV?

The Illinois DMV bill of sale is considered as a legal document. Which comes in use when a transaction is being executed between two individual entities related to a motor vehicle. If you are buying a vehicle then you will need this document to apply for new registration & title. In Illinois, state Notarization is required. It means you will just fill the form and bring the witness to the notary public and if all the entities are present then you can sign the papers. Or else you will not get the state seal on the document.

New Vehicle Registration In Illinois State

If you are willing to buy a vehicle in Illinois then you must be a resident of Illinois state. If you are buying a new vehicle then generally the dealer submits all the documents to the local DMV office including the Illinois DMV bill of sale. You should confirm from the dealer and if they do not provide you with this service then you will have to submit all the documents on your own by going to the DMV in person.   

Renewal of Vehicle Title Registration

You might be familiar with title renewal. Once you receive the title in your mail then you can see the renewal date on the backside of the title. During the renewal process, you should see the date of expiry and you should renew the title within 30 days of expiry, or else you will have to pay the late renewal charges. Every state has different late charges so to avoid that you should check the expiry date and renew the title and registration.

Necessary Documentation For Illinois DMV 

If you want to register the vehicle then you might need some ID proofs and documents here we have given a list of documents that you might need.

  • Illinois DMV bill of sale 
  • The seller must provide : 
  • Title of the vehicle 
  • Signature 
  • Date
  • Mileage of the vehicle.
  • A lien Certificate (If applicable to vehicle)
  • Insurance Details
  • The buyer must fill the Tax RUT-50 form with accurate information.
  • Photo ID 
  • Driver’s License  
  • State ID Proof 
  • Registration Processing Fees

Frequently Asked Questions

1. Does a bill of sale have to be notarized in Illinois?

Yes, You have to notarize the Illinois DMV bill of sale. The bill of sale is a strong proof for both buyer and the seller and it is a necessary document in changing the ownership so you have to notarize the document.

2. Is a bill of sale required in Illinois?

Yes, you will require the Illinois DMV bill of sale to register the vehicle. However, you will have to notarize the bill of sale document and provide the signatures in the presence of the notary public.

3. Do you pay sales tax on a private car sale in Illinois?

Yes, The purchaser has to pay the sales tax while transferring the vehicle title. The buyer must be ready to pay a 6.25% sales tax and it may vary on the vehicle's price.

Wrap Up

This leads us to the end. We tried to cover all the points regarding the Illinois DMV bill of sale. If you think it was helpful to you then leave us positive feedback in the comments below. If you are still facing difficulties then you can comment on your question and we will reach you as soon as possible. If you want to get information regarding Idaho DMV then you will get here.