Used Cars Illinois: Laws and Tips

Used Cars Illinois: Laws and Tips

Used Cars Illinois: Laws and Tips

While there are plenty of reasons why you would want to buy a second, even third-hand car, there are plenty more reasons why you should consider purchasing your used car in Illinois. Illinois is home to many auto dealerships selling good used cars at very reasonable prices. With cars being integral part of life, we all need the convenience that comes with owning one, if only at a small price. There are many places where you can buy a used car, one of these being from a private owner. There are laws though to be adhered to.

According to law, you are supposed to register the car at state's secretary office. Registration involves filling out completed application for Form VSD 190 and vehicle title. The car title should also be changed to your name. Make sure the owner has a title before you make the purchase. If the title is missing, they should apply for a duplicate title before the trade proceeds. The process of registration and acquiring the title in your name should be complete within 20 days of the purchase. New residents in the area are allowed a grace period of 30 days. Registration costs $99 for the first time with ordinary plates being issued on the spot. If you wish to get personalized plates, you will have to wait for those in the mail box.

The "Implied warranties" law in Illinois does not cover used cars. When you purchase the used car, there is no guarantee of quality. It would be wise to check with the manufacturer to validate the warranty and confirm whether it is still in force. Otherwise, you may end up paying up heavier bills for repairs later.

Illinois laws are a bit relaxed when it comes to providing evidence of purchase. The law will not require evidence of purchase on a used car. Lawyers advise that the transaction should be documented on paper to act as evidence. It is also advisable to avoid paying by cash and draw and bank draft instead that will also act as proof of purchase. This will save you from the hassles that are related to legal issues such as claim of auto theft.

When you buy your used car in Illinois, the law requires that you pay tax to the state. The amount of tax payable will vary according to various factors such as the price of the car and its age. The amount of tax to pay will be calculated by the office of the state secretary.

Just like any other state in the US, laws in Illinois dictate that every driver to insure the car under the various policies. Policies include that will compensate injured people and damages to their cars and property in the event of an accident. Make insurance arrangements beforehand or as soon as you identify the car you wish to buy. Make sure you buy all the insurance required the law to avoid problems later. It is also important to understand that insurance against damage to your car or theft is optional.

POST COMMENT

An Introduction to Vehicle Loans Purchasing A Used Car in Illinois Used Car Dealerships in Illinois Value Drivers: Benchmarking And Measuring Success Purchasing Used Chicago Cars New Choices In Baby Car Seat Covers HTC EVO 4G Android Phone Where to buy cheap car dvd players, car gps navigation with quality assurance? Stranded on the Road Affordable Online Cpr Training Courses Choosing The Right West Coast Vacation Destination Where Can I Find A Bad Credit Car Loan For Under $5000? Enhance The Value Of Your Site With Effective Search Engine Optimization