(625 ILCS 5/1-186.5)
The consideration received for a motor
vehicle subject to the tax imposed by Section 3-1001 valued in money, whether
received in money or otherwise, including cash, credits, service, or property.
In the case of gifts or transfers without reasonable consideration, "selling
price" shall be deemed to be the fair market value as determined by the
Department of Revenue.
(Source: P.A. 90-89, eff. 1-1-98.)