Whenever there’s a change in vehicle ownership, there needs to be a car title transfer in Illinois. Before getting car insurance, you must take care of a car title transfer in Illinois. An original car title is needed for a title transfer in Illinois. Both the buyer and the seller of the car must sign the title. Discover how to transfer car ownership in Illinois.
Car Title Transfer in Illinois If You Have an Out-of-State Title
If you are a new Illinois resident, you have thirty days to get a vehicle title and register your vehicle in the state once residency has been determined. There are several requirements for an Illinois vehicle title transfer, including the state address, an Application for Vehicle Transaction, the owner’s signature, and mileage from the odometer.
Title Transfer if Gifting a Car to a Family Member
If you want to give your old vehicle to one of your family members, it is possible, but the transfer process will remain the same. First, you must sign and give the title to your family member. The family must then submit an application for vehicle transactions within 20 days to get the title in their name.
Illinois Car Title Transfer Cost
The cost of getting a new title in Illinois is about $155. A replacement costs about $50, and a passenger car is registered for $151.
No matter your situation, if your vehicle goes to another owner, you must find out how a care title transfer in Illinois is done. Contact West Suburban Currency Exchanges, Inc. for more information about vehicle title transfers in Illinois.
