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Private sale — Illinois

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Reviewed against state DMV requirementsLast reviewed: March 20266 min readEditorial policy

What to know about private sale sales in Illinois

You are responsible for disclosing known defects, providing an accurate odometer statement, and delivering a clean title. Once the bill of sale is signed and funds received, remove the vehicle from your insurance and notify your DMV of the transfer.

What to include in your bill of sale

  • Full legal names and addresses for both buyer and seller.
  • Electric Vehicle make, model, year, VIN, and current mileage.
  • Agreed sale price, payment method, and transaction date.
  • Any private sale-specific disclosures required in Illinois.

Seller guidance

You are responsible for disclosing known defects, providing an accurate odometer statement, and delivering a clean title. Once the bill of sale is signed and funds received, remove the vehicle from your insurance and notify your DMV of the transfer.

Buyer guidance

Run a title search or VIN history report (NMVTIS, CARFAX) before handing over funds. Confirm the seller is the titled owner and the title is free of liens. Take possession of the signed title on the day of sale.

Illinois-Specific Note

Illinois charges a flat $150 Private Party Vehicle Use Tax for vehicles sold at $15,000 or less (tax increases on a sliding scale above that). Complete RUT-50 (Private Party Vehicle Use Tax Transaction Return) and submit at the Secretary of State office. No state inspection is required.

Legal considerations

Illinois charges a flat $150 Private Party Vehicle Use Tax for vehicles sold at $15,000 or less (tax increases on a sliding scale above that). Complete RUT-50 (Private Party Vehicle Use Tax Transaction Return) and submit at the Secretary of State office. No state inspection is required.

Illinois Electric Vehicle transfer fees and requirements

In Illinois, the title transfer fee is $150 and registration costs $151 per year. Electric Vehicle sales are subject to 6.25% state tax on private sales; local taxes may add 1-4%. Illinois does not require notarization for private-party electric vehicle transfers. Emission testing is required in Illinois — verify the electric vehicle passes before completing the sale.

  • Emissions testing required in Chicagoland and Metro-East St. Louis areas
  • Private vehicle use tax applies based on purchase price
  • Title transfer within 20 days of sale
  • RUT-50 form required for private party purchases

Illinois sales tax on electric vehicle purchases

Illinois has a 6.25% state sales tax rate. 6.25% state plus 1–4% local taxes. Private-party electric vehicle sales in Illinois are subject to sales tax. Private vehicle use tax applies based on purchase price bracket. The title transfer fee is $150.

Electric Vehicle market data and safety information

The most common electric vehicle makes in private-party sales are Tesla, Chevrolet, Ford, Rivian, Hyundai. Average private-party electric vehicle prices range from $12,000–$60,000. The average NCAP safety rating for recent electric vehicle models is 4.6 out of 5 stars. Electric vehicles average 2.8 NHTSA recalls per model across categories including Battery/High Voltage, Software/OTA Updates, Charging System.

Safety checkpoints for buying a used electric vehicle

Before completing a electric vehicle bill of sale in Illinois, verify these safety items:

  • Check battery State of Health (SOH) — capacity degradation below 70% significantly reduces value
  • Verify full charge range matches manufacturer specifications for the model year
  • Test DC fast charging capability — some older EVs have degraded charge acceptance
  • Check for any battery recall or warranty coverage status

Electric Vehicle insurance and depreciation in Illinois

EV insurance costs 10–25% more than comparable gas cars due to higher repair costs and battery replacement risk. EV depreciation is volatile — Tesla holds value best, while some models lose 50–60% in 3 years. Battery warranty transfer is a key value factor. Peak season for private electric vehicle sales is spring when gas prices typically rise and ev incentive programs refresh, with an average of 28 days on market.

Electric Vehicle registration and titling

Electric Vehicles are classified as "Passenger vehicle (EV-specific registration fees apply in 30+ states to offset lost fuel tax revenue)" for registration purposes. EVs weigh 20–30% more than comparable gas vehicles due to battery packs. Some states have proposed weight-based surcharges. Federal odometer disclosure is required for electric vehicles under 20 years old.

Illinois requirements for private sale electric vehicle sales

For electric vehicle private sale transactions in Illinois, the buyer must pay 6.25% state tax on private sales; local taxes may add 1-4% and a $150 title transfer fee. Notarization is not required. Odometer disclosure is required.

  • Emissions testing required in Chicagoland and Metro-East St. Louis areas
  • Private vehicle use tax applies based on purchase price
  • Title transfer within 20 days of sale
  • RUT-50 form required for private party purchases

Safety tips for private sale electric vehicle transactions

When completing a private sale electric vehicle sale in Illinois, always verify the vehicle against NHTSA recall databases. The most common electric vehicle recall categories are Battery/High Voltage, Software/OTA Updates, Charging System. Check recalls at NHTSA.gov/recalls before signing the bill of sale.

Checklist for private sale electric vehicle sale in Illinois

  1. Verify the seller name matches the title exactly
  2. Confirm no open liens via your state DMV or NMVTIS
  3. Complete federal odometer disclosure (vehicles <10 years old)
  4. Sign and date the bill of sale with both parties present
  5. Transfer title and notify DMV within your state deadline
  6. Complete RUT-50 (Private Party Vehicle Use Tax Transaction Return)
  7. Pay Private Party Vehicle Use Tax — $150 for sales at or below $15,000
  8. Submit at a Secretary of State office for title transfer

Need the printable workflow?

Use the main Illinois electric vehicle bill of sale flow when you are ready to generate the completed document.

Open Illinois Electric Vehicle bill of sale

The Private Vehicle Sale Market

17.5M private sales/yr

About 17.5 million private-party vehicle transactions happen in the U.S. each year — roughly 47% of the used market.

Source: Cox Automotive 2024

Frequently asked questions

When should I use the private sale page?

Use this page when your electric vehicle sale in Illinois fits a private sale scenario. It walks you through the specific disclosures and details that apply to this type of transaction.

Why does the private sale scenario have its own page?

Different sale scenarios — such as private party, dealer, or gifted transfers — have different documentation requirements. This page focuses on what buyers and sellers need for a private sale transaction specifically.

What should be included in this bill of sale?

Include the buyer and seller details, vehicle identifiers, sale price, date, signatures, and any notes specific to the private sale transaction.

What are the Illinois fees for a private sale electric vehicle transfer?

Illinois charges a $150 title transfer fee. Registration costs $151 per year. Sales tax: 6.25% state tax on private sales; local taxes may add 1-4%. Notarization is not required for most transfers.

What electric vehicle makes are most commonly sold in Illinois?

The most popular electric vehicle makes in private-party sales are Tesla, Chevrolet, Ford, Rivian, Hyundai. Average private-party prices range from $12,000–$60,000.

Do I pay sales tax on a private sale electric vehicle sale in Illinois?

Illinois has a 6.25% state sales tax rate. Private vehicle use tax applies based on purchase price bracket

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