Illinois selling vehicle 2025

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How to Sell a Car in Illinois Step 1: Allow the Buyer to Have the Vehicle Inspected by a Third Party. Step 2: Clean Out the Vehicle. Step 3: Remove the License Plates. Step 4: Prepare Bills of Sale for Both Yourself and for the Buyer. Step 5: Collect Payment from the Seller. Step 6: Sign Over the Title. How to Sell a Car in Illinois Autotrader autotrader.com sell-my-car in-IL autotrader.com sell-my-car in-IL
Illinois law requires the owner of a vehicle to complete and sign the Assignment of Title section on the Certificate of Title to the buyer who must then apply to the Vehicle Services Department.
Yes, in Illinois, when you sell a car, you are required to return the license plates to the Illinois Secretary of State unless you are transferring them to another vehicle you own. If the plates are not returned, it can lead to potential issues such as continued liability for tolls or fees associated with the plates.
Selling a car to a dealer is no different than selling to another person. You need to satisfy the loan. If the vehicle is worth more than the loan balance, then the dealer will pay off the loan and give you a check for the difference.
You can find more information and forms for each notification method below: TO COMPLETE THE SELLERS REPORT OF SALE IN PERSON: Please print and complete the Sellers Report of Sale Form VSD-703. TO COMPLETE THE SELLERS REPORT OF SALE FORM BY MAIL: Please print and complete the Sellers Report of Sale Form VSD-703.
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When you sell and/or release interest in a vehicle that is titled and/or registered in the State of Illinois, this form must be immediately completed and mailed to the Secretary of State Vehicle Services Department to ensure that your responsibility for the vehicle is released.
While it is not required by law, its a good idea to have a Bill of Sale signed by both seller and buyer. That documents the fact that the vehicle was in fact sold. This can protect you if something happens before the title is transferred.
You are NOT required to return plates to the Secretary of States office. You may destroy your expired plates. If the plates are used after the expiration date and the Secretary of State is notified thereof, you will be responsible for any fees and/or penalties.

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