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You would use the tax rate of the city in which the car would be registered. So, if you bought a car in Chicago, but live and register your car in Schaumburg, the dealer or st â¦ ate would use the Schaumburg tax rate when calculating your tax. The Illinois sales tax on new cars is 6.25 percent of the sale price of the car. The car dealer collects the sales tax and enters it on form ST0556. Lake county Illinois sales tax?
Some drivers of a shiny new vehicle will be able to deduct the sales and excise taxes they paid on their new automotive purchase. The option to claim sales taxes and add the amount you paid on a car has been available for taxpayers who itemize for years. They still get that chance on their 2009 tax returns.ome drivers of a shiny new vehicle will be able to deduct the sales and excise taxes they paid on their new automotive purchase. The option to claim sales taxes and add the amount you paid on a car has been available for taxpayers who itemize for years. They still get that chance on their 2009 tax returns.