Trade-In Tax Credit


The State of Illinois collects no sales tax on the value of your trade-in vehicle, but this is changing January 1!

Currently, the State of Illinois collects no sales on a car's trade-in value, which acts as credit toward a new vehicle purchase. By law, sales tax only applies to the difference between trade-in value and the new vehicle's purchase price.

If you were planning to buy a car in 2020, it would make sense to buy before the end of 2019 to avoid the higher sales tax.  After January 1st, a vehicle with a trade-in value of $40,000 will cost you an additional $2,475.

Come in a check out our inventory before they sell out and before the deadline!



Contact Us

We would love to hear from you!  Please fill out this form and we will get in touch with you shortly.

Make an Inquiry

Contact

BMW of Orland Park

11030 W 159th St
Directions Orland Park, IL 60467

  • Sales: (708) 460-4545
  • Service: (708) 460-4545
  • Parts: (708) 460-4545

Hours

  • Monday 9:00AM - 8:00PM
  • Tuesday 9:00AM - 8:00PM
  • Wednesday 9:00AM - 8:00PM
  • Thursday 9:00AM - 8:00PM
  • Friday 9:00AM - 7:00PM
  • Saturday 10:00AM - 6:00PM
  • Sunday Closed