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Odometer exempt — Illinois

Illinois Boat bill of sale for odometer exempt

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What to know about odometer exempt sales in Illinois

Under 49 CFR § 580.17 as amended in 2021, the age exemption is two-tier: vehicles of model year 2010 or older are exempt (the old 10-year rule), but model year 2011 and newer vehicles are exempt only once they are 20 or more model years old — a 2011-or-newer vehicle that is merely 10+ years old still requires full odometer disclosure. You still must not knowingly falsify mileage. Even if federally exempt, some states have their own mileage disclosure requirements — document the known odometer reading in the bill of sale regardless.

What to include in your bill of sale

  • Full legal names and addresses for both buyer and seller.
  • Boat make, model, year, VIN, and current mileage.
  • Agreed sale price, payment method, and transaction date.
  • Any odometer exempt-specific disclosures required in Illinois.

Seller guidance

For an exempt vehicle, mark 'Exempt' in the odometer section of the title's Assignment of Title panel — no mileage figure is required. If the title cannot accommodate the disclosure, use Form VSD 333 instead. Dealers and distributors are required under 49 CFR § 580.8 to retain odometer disclosure statements for at least five years; no equivalent retention period is imposed by statute on private sellers, though retaining a copy is strongly advised.

Buyer guidance

Confirm the vehicle's model year and age before relying on an exempt claim: MY 2010 and older are exempt once 10 years old under both state and federal law; MY 2011 and newer require disclosure until 20 model years old under 49 CFR § 580.17 regardless of the Illinois flat statutory threshold. Motorcycles, mopeds, and antique vehicles are categorically exempt under 625 ILCS 5/3-112.1(f) without regard to age.

Illinois-Specific Note

Illinois codifies its own odometer exemption scheme under 625 ILCS 5/3-112.1. The state statute at subsection (d)(3) exempts a vehicle that is 10 years old or older — a flat age threshold; the Illinois legislature has not amended this provision to adopt the federal tiered model-year framework. For MY 2011 and newer vehicles, however, the NHTSA final rule amending 49 CFR § 580.17 (effective January 1, 2021) requires odometer disclosure for 20 model years; the state flat 10-year threshold does not override this federal disclosure requirement for those vehicles. MY 2010 and older vehicles remain exempt at 10 years old under both state and federal law. Additional exempt categories under 625 ILCS 5/3-112.1(d) include vehicles with a GVWR exceeding 16,000 lbs, non-self-propelled vehicles, vehicles manufactured without an odometer, and vehicles sold directly by the manufacturer to any agency of the United States. A distinct Illinois-specific categorical exemption under subsection (f) covers motorcycles, motor-driven cycles, mopeds, antique vehicles, and expanded-use antique vehicles regardless of model year. A seller who provides a false odometer statement with intent to defraud faces treble damages or $1,500, whichever is greater, plus attorney fees and court costs under 625 ILCS 5/3-112.1(e).

Legal considerations

Illinois codifies its own odometer exemption scheme under 625 ILCS 5/3-112.1. The state statute at subsection (d)(3) exempts a vehicle that is 10 years old or older — a flat age threshold; the Illinois legislature has not amended this provision to adopt the federal tiered model-year framework. For MY 2011 and newer vehicles, however, the NHTSA final rule amending 49 CFR § 580.17 (effective January 1, 2021) requires odometer disclosure for 20 model years; the state flat 10-year threshold does not override this federal disclosure requirement for those vehicles. MY 2010 and older vehicles remain exempt at 10 years old under both state and federal law. Additional exempt categories under 625 ILCS 5/3-112.1(d) include vehicles with a GVWR exceeding 16,000 lbs, non-self-propelled vehicles, vehicles manufactured without an odometer, and vehicles sold directly by the manufacturer to any agency of the United States. A distinct Illinois-specific categorical exemption under subsection (f) covers motorcycles, motor-driven cycles, mopeds, antique vehicles, and expanded-use antique vehicles regardless of model year. A seller who provides a false odometer statement with intent to defraud faces treble damages or $1,500, whichever is greater, plus attorney fees and court costs under 625 ILCS 5/3-112.1(e).

Illinois Boat transfer fees and requirements

In Illinois, the title transfer fee is $150 and registration costs $151 per year. Boat sales are subject to 6.25% state tax on private sales; local taxes may add 1-4%. Illinois does not require notarization for private-party boat transfers. Emission testing is required in Illinois — verify the boat passes before completing the sale.

  • Emissions testing required in Chicagoland and Metro-East St. Louis areas
  • Private vehicle use tax applies based on purchase price
  • Title transfer within 20 days of sale
  • RUT-50 form required for private party purchases

Illinois sales tax on boat purchases

Illinois has a 6.25% state sales tax rate. 6.25% state plus 1–4% local taxes. Private-party boat sales in Illinois are subject to sales tax. Private vehicle use tax applies based on purchase price bracket. The title transfer fee is $150.

Boat market data and safety information

The most common boat makes in private-party sales are Bayliner, Sea Ray, Boston Whaler, Tracker, Yamaha. Average private-party boat prices range from $5,000–$75,000. Boats average 1.8 NHTSA recalls per model across categories including Fuel System, Electrical, Steering.

Safety checkpoints for buying a used boat

Before completing a boat bill of sale in Illinois, verify these safety items:

  • Verify Hull Identification Number (HIN) matches registration documents
  • Check for delamination, blistering, or water intrusion in fiberglass hulls
  • Inspect transom for softness or rot — the most expensive structural repair
  • Test all bilge pumps, navigation lights, and required safety equipment
  • Confirm USCG-required PFDs, throwable cushion, and visual distress signals are present
  • Verify fire extinguisher is current and properly sized for vessel length
  • Test carbon monoxide detector function on cabin boats
  • Confirm kill-switch lanyard operation cuts engine immediately

Boat insurance and depreciation in Illinois

Boat insurance averages $200–$500/year for boats under 26 ft. Agreed-value policies are preferred over actual-cash-value. Boats depreciate 30–40% in the first 5 years. Aluminum fishing boats hold value better than fiberglass sport boats. Peak season for private boat sales is early spring (march–may) ahead of boating season, with an average of 45 days on market.

Boat registration and titling

Boats are classified as "Watercraft (state-registered) or USCG-documented vessel" for registration purposes. Boats are measured by length, not weight, for registration. Trailers have separate weight-based registration. Federal odometer disclosure does not apply to boats.

Safety tips for odometer exempt boat transactions

When completing a odometer exempt boat sale in Illinois, always verify the vehicle against NHTSA recall databases. The most common boat recall categories are Fuel System, Electrical, Steering. Check recalls at NHTSA.gov/recalls before signing the bill of sale.

Checklist for odometer exempt boat sale in Illinois

  1. Confirm the vehicle qualifies: model year 2010 or older, OR model year 2011+ and 20+ model years old, OR GVWR over 16,000 lbs
  2. Check your state's mileage disclosure rules — some exceed the federal minimum
  3. Record the actual known mileage in the bill of sale voluntarily
  4. Note on the bill of sale that odometer disclosure is exempt under 49 CFR § 580.17
  5. Retain a copy of the bill of sale showing the exempt-disclosure notation
  6. Mark 'Exempt' in the title's odometer field — do not leave blank or enter a mileage figure for a qualifying exempt vehicle
  7. Motorcycles, mopeds, antique vehicles, and expanded-use antique vehicles are categorically exempt under 625 ILCS 5/3-112.1(f) regardless of model year
  8. MY 2011 and newer vehicles are subject to the federal 20-year disclosure requirement under 49 CFR § 580.17 regardless of the Illinois flat 10-year statutory threshold
  9. Dealers and distributors must retain odometer disclosure records for at least five years under 49 CFR § 580.8; no equivalent state retention period applies to private sellers under 625 ILCS 5/3-112.1

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The Private Vehicle Sale Market

17.5M private sales/yr

About 17.5 million private-party vehicle transactions happen in the U.S. each year — roughly 47% of the used market.

Source: Cox Automotive 2024

Other Illinois boat sale situations

Frequently asked questions

When should I use the odometer exempt page?

Use this page when your boat sale in Illinois fits a odometer exempt scenario. It walks you through the specific disclosures and details that apply to this type of transaction.

Why does the odometer exempt scenario have its own page?

Different sale scenarios — such as private party, dealer, or gifted transfers — have different documentation requirements. This page focuses on what buyers and sellers need for a odometer exempt transaction specifically.

What should be included in this bill of sale?

Include the buyer and seller details, vehicle identifiers, sale price, date, signatures, and any notes specific to the odometer exempt transaction.

What are the Illinois fees for a odometer exempt boat transfer?

Illinois charges a $150 title transfer fee. Registration costs $151 per year. Sales tax: 6.25% state tax on private sales; local taxes may add 1-4%. Notarization is not required for most transfers.

What boat makes are most commonly sold in Illinois?

The most popular boat makes in private-party sales are Bayliner, Sea Ray, Boston Whaler, Tracker, Yamaha. Average private-party prices range from $5,000–$75,000.

Do I pay sales tax on a odometer exempt boat sale in Illinois?

Illinois has a 6.25% state sales tax rate. Private vehicle use tax applies based on purchase price bracket

Illinois boat bill of sale by city

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Trusted by private vehicle sellers nationwide

45% faster sale

Vehicles whose listings include a history report spend ~45% less time on site before selling, and report-viewers are 5x more likely to become a lead.

Source: Experian / AutoCheck

$4,000 avg loss

NHTSA estimates 450,000+ vehicles per year are sold with rolled-back odometers — the average victim loses about $4,000 in downstream repair costs.

Source: NHTSA

17.5M private sales/yr

About 17.5 million private-party vehicle transactions happen in the U.S. each year — roughly 47% of the used market.

Source: Cox Automotive 2024

1 in 3 buyers

Roughly 1 in 3 used-car buyers say they suspect private sellers are hiding mechanical problems — documentation closes that trust gap.

Source: JW Surety Bonds (n=3,000)

$60–$85 mobile notary

Mobile notary visit minimums run $60–$85 — higher on weekends, plus per-mile travel fees. State-formatted documents skip the trip.

Source: Thumbtack / NNA