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Out-of-state sale — Illinois

Illinois Yacht bill of sale for out-of-state sale

Complete your Illinois yacht bill of sale for a out-of-state sale transaction. Enter buyer and seller details, vehicle information, and generate a signed PDF in minutes.

IllinoisYachtOut-of-state sale
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Reviewed against state DMV requirementsLast reviewed: March 20266 min readEditorial policy

What to know about out-of-state sale sales in Illinois

You must title/register the transfer in the state whose rules govern the sale (typically the state where the transaction occurs). Provide the buyer with your state's standard bill of sale and a clean, signed title. Some states require you to obtain a VIN inspection before releasing a title to an out-of-state buyer.

What to include in your bill of sale

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

Seller guidance

You must title/register the transfer in the state whose rules govern the sale (typically the state where the transaction occurs). Provide the buyer with your state's standard bill of sale and a clean, signed title. Some states require you to obtain a VIN inspection before releasing a title to an out-of-state buyer.

Buyer guidance

You will need to re-title the vehicle in your home state after purchase. Bring the signed out-of-state title, the bill of sale, and any required inspection certificates to your local DMV. Many states require a state-certified VIN verification and an odometer disclosure statement to process an out-of-state title.

Illinois-Specific Note

IL requires out-of-state vehicles to have a VIN inspection by a state police officer or authorized agent (Form VSD 333). The out-of-state title must be surrendered, and IL title issued within 20 days of purchase.

Legal considerations

IL requires out-of-state vehicles to have a VIN inspection by a state police officer or authorized agent (Form VSD 333). The out-of-state title must be surrendered, and IL title issued within 20 days of purchase.

Illinois Yacht transfer fees and requirements

In Illinois, the title transfer fee is $150 and registration costs $151 per year. Yacht 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 yacht transfers. Emission testing is required in Illinois — verify the yacht 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 yacht purchases

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

Yacht market data and safety information

The most common yacht makes in private-party sales are Sea Ray, Beneteau, Boston Whaler, Grady-White, Viking. Average private-party yacht prices range from $50,000–$500,000+. Yachts average 1 NHTSA recalls per model across categories including Fuel System, Electrical, Engine.

Safety checkpoints for buying a used yacht

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

  • Require a professional marine survey before purchase — standard practice for vessels over 26 ft
  • Inspect engine hours, service records, and oil analysis reports
  • Check hull condition with moisture meter and visual inspection below waterline
  • Verify USCG documentation or state registration status
  • Confirm life-raft service is current and EPIRB is registered/within battery date
  • Verify USCG-required PFDs for max passenger count plus throwables and signals
  • Test bilge alarm system and high-water sensors in each compartment
  • Inspect fire-suppression system in engine room (FE-241 or equivalent)

Yacht insurance and depreciation in Illinois

Yacht insurance is 1–2% of hull value annually. Agreed-value policies are standard. Navigation limits and crew requirements affect premiums. Yachts depreciate 10–15% per year for the first 5 years. Well-maintained vessels from premium builders hold value best. Peak season for private yacht sales is fall/winter boat shows drive buyer interest for spring delivery, with an average of 90 days on market.

Yacht registration and titling

Yachts are classified as "USCG-documented vessel (over 5 net tons) or state-registered vessel" for registration purposes. Yachts are classified by length overall (LOA), not weight. Vessels over 65 ft may require a licensed captain. Federal odometer disclosure does not apply to yachts.

Safety tips for out-of-state sale yacht transactions

When completing a out-of-state sale yacht sale in Illinois, always verify the vehicle against NHTSA recall databases. The most common yacht recall categories are Fuel System, Electrical, Engine. Check recalls at NHTSA.gov/recalls before signing the bill of sale.

Checklist for out-of-state sale yacht sale in Illinois

  1. Confirm the original title is signed and notarized if required by the seller's state
  2. Obtain a state VIN verification form if required in the buyer's state
  3. Complete odometer disclosure on the title or a separate form (49 CFR Part 580)
  4. Gather emissions or safety inspection certificates if required in the buyer's state
  5. File for title transfer in the buyer's home state within the permitted timeframe
  6. Get VIN inspection using VSD 333 from State Police post
  7. Surrender out-of-state title at Secretary of State facility
  8. Pay RUT-25 (Vehicle Use Tax for Out-of-State Purchases)
  9. Receive IL title and register within 20 days

Need the printable workflow?

Use the main Illinois yacht bill of sale flow when you are ready to generate the completed document.

Open Illinois Yacht bill of sale

Why Buyers Want Documentation Across State Lines

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

$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

Frequently asked questions

When should I use the out-of-state sale page?

Use this page when your yacht sale in Illinois fits a out-of-state sale scenario. It walks you through the specific disclosures and details that apply to this type of transaction.

Why does the out-of-state sale 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 out-of-state sale 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 out-of-state sale transaction.

What are the Illinois fees for a out-of-state sale yacht 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 yacht makes are most commonly sold in Illinois?

The most popular yacht makes in private-party sales are Sea Ray, Beneteau, Boston Whaler, Grady-White, Viking. Average private-party prices range from $50,000–$500,000+.

Do I pay sales tax on a out-of-state sale yacht sale in Illinois?

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

Illinois yacht bill of sale by city

Create Illinois Yacht Bill of Sale

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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