The procedures and approach for selling a car online vary by state. Discover how to sell your used car or truck in Illinois confidentially.
If you reside in the city, the Central Plains, the Shawnee Hills, or other downstate locations and want to sell your old automobile or truck privately, you've come to the perfect spot. With an estimated 7 million registered trucks and vehicles in Illinois, it's no surprise that thousands of individual car owners in the Land of Lincoln have used cashforcarsinc.com to sell their vehicles. We've listed the eight stages and documents needed to sell a car in the state of Illinois below so that you may sell your automobile fast and for the maximum profit. Most states in the United States regard the car title as a legal document, thus using the legal names (no nicknames) of both parties involved as well as readable handwriting in black or blue ink. Mistakes, typos, and the use of cover-up or correction fluid (such as White Out) may render the document null and invalid, so be cautious and take your time filling it out.
Step 1: Allow the buyer to have a third party inspect the vehicle
Prior to purchase, most potential buyers would want to have the car inspected by a trained and certified auto technician of their choice. Although the buyer pays for the inspection, the seller and buyer must agree on the date and location of the inspection. Keep the report for your records as the seller, especially if any problems with the car are discovered. Cashforcarsinc.com recommends that potential buyers have a mechanical examination before making a purchase.
Step 2: Vacuum the Vehicle
Assuming the buyer wishes to proceed with the sale after the car has been examined, it is now time to clean it out. Remove any personal belongings, but be sure to leave everything that came with the vehicle, such as floor mats, cargo nets, cupholder liners, and so on. This is also a good opportunity to search your garage for anything that came with the car but has since been removed. Finally, take out and retain any registration and insurance cards from the glove box. In fact, if you want your automobile to sell fast, we recommend washing it before marketing it.
Step 3: Remove the License Plates
The first thing you should do when you and the buyer meet to conduct the deal is remove the license plates. Illinois license plates are associated with the car owner rather than the vehicle itself and hence remain with the seller when the vehicle is sold. It is prohibited for the buyer to drive the car while the license plates remain affixed.
Step 4: Create Bills of Sale for Both You and the Buyer
Consider the bill of sale Illinois to be the receipt for the vehicle's sale or purchase. Because Illinois does not issue an official bill of sale, you must create your own, and there are several templates accessible online. Any bill of sale should have the entire name, address, phone number, driver's license number, and signatures of both the buyer and seller, as well as the vehicle's make, model, year, color, VIN, and odometer reading at the time of sale. Include the date of the transaction as well as the sale price.
While the buyer may have their own bill of sale for you to fill out, it's a good idea to carry two blank copies of your own bill of sale paperwork, one for you and one for the buyer. After the transaction, maintain a copy of your bill of sale in a secure location in case there are any issues with the title transfer or car registration. The buyer's information from the Bill of Sale is required to complete the Notice of Sale.
Step 5: Collect the Seller's Payment
The next stage is to sign over the title, after which it is extremely difficult to reverse the transaction. As a result, before proceeding, it is important to receive money from the supplier.
Step 6: Sign the Title Over
You will pass over the transfer car title to the buyer at the time of the transaction, but not before completing the "Assignment of Title" part at the bottom. The odometer reading, the buyer's name, and the date are all required fields on the Illinois state title. Then, sign your name exactly as it appears on the title, and print your name in the area to the right of your signature. Remember that if the title specifies more than one owner and contains the term "and" to connect the two names, both people named must print and sign their names for the transfer to be legitimate. After that, the buyer will sign and print their name beneath the seller's signature.
While the dealership selling the car is responsible for submitting the vehicle's title, transfer, and sales tax to the Secretary of State's office, it is the buyer's obligation to get the title transferred to their name within 20 days of the transaction. As a result, your obligation as the seller with the title is to just fill out the relevant blanks and give it over to the buyer; they are responsible for the rest.
If you've lost your title or it's been damaged beyond repair, you'll need to file for a new one before you can sell the car. To do so, fill out Illinois' Application for Vehicle Transactions Form VSD 190, making sure to check the box at the beginning of the form for "Duplicate Title." The form will then be submitted to the Illinois Secretary of State, either in person at a branch location or by mail.
In response to an increase in odometer fraud cases in Illinois and around the United States, the National Highway Traffic Safety Administration's (NHTSA) odometer disclosure standards were revised in December 2020, affecting some private car purchases in Illinois: Any vehicle of the model year 2011 or newer (2012, 2013, etc.) that is transferred between January 1, 2021, and December 31, 2030, will require an odometer disclosure. Beginning January 1, 2031, every vehicle less than 20 model years old will be required to have an odometer disclosure. Previously, the NHTSA only mandated disclosure for the first ten years. Cars manufactured before 2010 are exempt from odometer disclosures.
Step 7: Notify the Illinois Vehicle Services Department of the sale
You must file a Notice of Sale with the state of Illinois to notify them that the vehicle's ownership is changing. This form is normally attached to the bottom of the Illinois title, but if your title does not include one, you may obtain one here.
The seller's Notice of Transaction must include the seller's and buyer's names and contact information, vehicle details, and the date of the sale. The Notice of Sale form must be signed only by the seller.
Step 8: Cancel any vehicle-related insurance and subscription services
Once the car is no longer in your possession, you must amend your insurance coverage to reflect that you no longer own it. Remember to also cancel any telematics, satellite radio, or internet services linked to the car.
For further information, see the Illinois Secretary of State's office's paper or the Illinois Vehicle Service Department's website.
The Easier Way to Sell Your Car
Now that you've learned everything there is to know about selling a car in Illinois, it's time to determine where to list it. Cashforcarsinc. makes selling your car simple. With ready-to-sign state documentation, encrypted chat, and more, our platform provides all the tools and recommendations you need to make the transaction a breeze.
