by IL-IADA | Apr 20, 2026 | Business, Featured
The used car affordability crunch isn't news to Illinois dealers. You're living it every day on your lot. Average used vehicle prices hit $25,730 last December, and your buyers in Illinois are stacking another 7.25% to 11% in sales tax on top of that depending on...
by IL-IADA | Apr 20, 2026 | Business
The Illinois independent dealers tax season is not matching the national headlines this year. On paper, spring 2026 should be strong. The average federal refund is up more than 10 percent, a 2025 federal law is putting more money in working consumers' pockets, and...
by IL-IADA | Jul 11, 2019 | Business, Featured
Illinois will soon tax trade-in car value, even for out-of-state purchases Due to a new broadening of the sales tax, Illinois residents won’t get as much back in value when they trade in their cars for new ones. Beginning in 2020, a new law signed by Gov....
by IL-IADA | Feb 1, 2019 | Business, Featured
As most of you are aware effective January 1, 2019 the state of Illinois is requiring used car dealers to process titles and registrations electronically. The grace period will end on February 1, 2019. All dealers will need to find a provider or use the IL Secretary...
