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It costs $155 to transfer the title on a vehicle in Illinois. This fee does not include vehicle taxes or registration fees, which you will have to pay as well (except in tax exemption cases).
Vehicle Registration: If the vehicle is registered in your loved one's name, it needs to be transferred to a new owner. Title: The vehicle title also needs to be transferred to a new owner.
You need to sign the title and give it to your family member. The family member then needs to submit an Application for Vehicle Transaction(s) (VSD 190) within 20 days to get the title in their name and must file Form RUT-50 and pay any applicable taxes.
To transfer the vehicle to another person, you will need to obtain the VSD-190 vehicle title transfer form and the RUT-50 tax form.
The Title Transfer Process These documents include the title, the bill of sale, your identification, and proof of residence, such as an electric bill in your name. The rest of the process will be handled by our staff, and you will be able to take your documents home with the title in your name!
A copy of the death certificate or abstract. The decedent's title. A completed Application for Vehicle Transaction(s) (VSD 190). If the vehicle will not be operated, the buyer may obtain only a title by using an Application for Vehicle Transaction(s) (VSD 190).
The vehicle must be solely owned and not a business. Only one name may be listed on the Certificate of Title as the beneficiary. A beneficiary cannot be added to the title when there is a lienholder; lessor or ownership is designated as ?joint tenancy.? The beneficiary does not have interest or control of the vehicle.
Yes! You can gift a vehicle to a relative. In order to gift a vehicle to a family member, you will follow the same steps as a standard vehicle title transfer process, except for the fee tax that is a set amount. The vehicle title transfer process is handled by the Illinois Secretary of State offices.