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Old 09-24-2011, 12:51 PM   #1
dman918
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Member#: 11202
Join Date: Oct 2001
Chapter/Region: MWSOC
Location: McHenry, IL
Vehicle:
2009 Infiniti G37X
Prev: 2006 STi with stuff

Default Legalities in titling vehicle, plates, etc in IL

Hello everyone,

My friend's parents gave her a suv to use as a trade-in for another car. Currently, the suv is titled/registered to her parents. The vehicle is paid off, so they signed the title over to her and the title is in her possession.

She is getting the new car sometime in October, but she will need to drive the suv until she gets it. Her current plates expire this month. So... can she register the plates for the current suv, and then just do another transfer when she trades it in, or is she required to title the suv in her name, get new plates, etc. and then do it again when she gets the new car?

Basically, what is the cheapest way she can do this process. Again, her current plates do expire this month.

Thank you for your help!

Mike
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Old 09-24-2011, 06:51 PM   #2
DennisG
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Join Date: Oct 2009
Chapter/Region: MWSOC
Location: Joplin,Missouri
Vehicle:
2007 2.5i Sedan/STI
OBP

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I reside in Missouri but generally the laws are the same according to what is called the "model traffic code".

Things to consider:

You state the title has been signed over. This would mean a "Transfer" of ownership has occurred. Usually you will have 30 days to "register" the suv and you must pay sales tax based on the price of sale listed on the title.

The plate that is currently on there ( I assume) is in the name of her parents. If they intended for her to have this car "on her own" then she would need to obtain new tags ( even for a month!) when she "registers" the suv.Penalties exist for being over 30 days.Accept that she will need tags in "her name"

If she obtains a new car, the tags can transfer as long as they are the same "class " of vehicle but you will pay for adjustments according to any increase in horsepower. Example would be if you go from a 4 cylinder to a V8 which might mean a larger amount of horsepower.No refund if you go from big to smaller engine.

Then when you find something else in October, when you trade in, you would pay for more sales tax based on the difference between her trade in value of the suv and what ever she buys ,based on the new purchase price (new or used) of a car.And would have 30 days to complete that process again.

That is the down side to someone who is given a vehicle and the tags quickly expire.You want to get something you want better and use the value for trade in ,but ,you have to "newly register" before you can trade it as you need to be the owner.

My hope is that they gifted the suv or sold it for a low price ( even if they took "no money") because in the eyes of the state that suv was "sold" to her.So she must register it to "own" it.

I hope this helps. And it works out for everyone involved. Remember I reside in Missouri but feel I will be close to providing you this information as to how it must be handled.
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Old 09-24-2011, 11:59 PM   #3
front
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Yes she needs to register it in her name. But until then if the previous owner left the plates on it, feel free to park illegally, go through tolls w/o paying and go past res light cameras. All tickets and fines will go to the person the plates belong to. That and when you go to sell it in a few months they dealer might or might not take it because it's not your name on the title, it's your friends. Yeah they signed that they're selling it to you, but it was never made official by submitting for a new title.

Now lets say you register the vehicle to you. You do the paperwork and get a new set of plates and the title in your name. Then in three months you trade it in. You have the dealer fill out transfer paperwork and you keep the plates and put them on your new car, or you pay for a new set of plates.
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Old 09-26-2011, 12:32 PM   #4
hoffmanEstates
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yeah u have to get it titled as the cops with **** with you big time. i registered my jeep 2 months ago and paid like 2??-300 plates,title,registration or if she could find a way NOT to drive it then just get the title transfer.
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Old 09-26-2011, 12:37 PM   #5
dman918
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Member#: 11202
Join Date: Oct 2001
Chapter/Region: MWSOC
Location: McHenry, IL
Vehicle:
2009 Infiniti G37X
Prev: 2006 STi with stuff

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Ok thanks everyone. I will tell her she just needs to do it.

Mike
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Old 09-26-2011, 02:26 PM   #6
NITROS
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Stroker = Broken 3rd

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In IL, you can get a temp reg sticker for $10 its good for 7 days.
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