How much are car taxes in Illinois?

Car taxes in Illinois are calculated based on the vehicle's age, original purchase price, and current fair market value. The tax is applied to the vehicle's assessed value, which is determined by the local county clerk's office.

The following are the general car tax rates in Illinois:

* New Vehicles: 6.25% of the original purchase price

* Used Vehicles: 3.25% of the current fair market value

In addition to the state car tax, some local municipalities also impose their own vehicle taxes. For example, the city of Chicago imposes a 1.25% vehicle sticker tax, while Cook County imposes a 1.5% vehicle registration tax.

It's important to note that these are just general rates and the actual car taxes you pay may vary depending on your specific vehicle and location. For more information, you should contact your local county clerk's office.