Illinois Compiled Statutes
815 ILCS 375/2.2 (2026)
"Retail buyer" or "buyer" means a person who buys a motor vehicle from a retail seller, primarily for personal, family, household or agricultural purposes in a retail installment transaction, but does not include a buyer for use in business (not including farming or a profession)
✓ current as of May 2026
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(815 ILCS 375/2.2)
(from Ch. 121 1/2, par. 562.2)
Sec. 2.2.
"Retail buyer" or "buyer" means a person who buys a motor vehicle
from a retail seller, primarily for personal, family, household or
agricultural purposes in a retail installment transaction, but does not
include a buyer for use in business (not including farming or a
profession).
(Source: P.A. 76-1781.)
Notes of Decisions
Cited in 1
case, 1994–1994 · leading case: Taylor v. Trans Acceptance Corp., 641 N.E.2d 907 (Ill. App. Ct. 1994).
Taylor v. Trans Acceptance Corp., 641 N.E.2d 907 (Ill. App. Ct. 1994). “The legislature could have chosen to continue to use the term "buyer,” a term defined in MVRISA itself: " 'retail buyer’ or 'buyer’ means a person who buys a motor vehicle from a retail seller, primarily for personal, family, household or agricultural purposes in a retail…”
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