I know that currently you do not pay sales tax for products purchased online that do not have nexus in the state at which you reside. If I do the same with a car will I save on sales tax? I would think so but I'm pretty sure there is a fee you pay as a percentage at the time of registration. If you buy on eBay how do they know the amount you paid for the car? I'm weighing the tax benefits of buying a car online verses going to the dealer and just seeing if any exist.
thanks
2006-06-16 13:43:36 · 6 answers · asked by fatbuddhafan 1 in Cars & Transportation ➔ Buying & Selling
Not from buying from the third party, but when you get it titled and tagged you will have to pay your state auto sales tax, which is figured from kelley blue book value.
If you buy the vehicle from a dealer you pay the tax, tags, and title fees in with the final value of the car.
A third party you will pay tax, tags, and title at the county clerk or DMV.. wherever you get your registration.
2006-06-16 14:25:43 · answer #1 · answered by bludyone 2 · 1⤊ 0⤋
Yes, when you get the title and take it in to the BMV or wherever to get everything processed, you will pay sales tax there unless you went to a dealer or equivalent and sales tax was included in your purchase.
2006-06-16 13:48:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You'll have to pay the taxes on it when you register it - same as any private sale.
2006-06-16 13:46:30 · answer #3 · answered by UNITool 6 · 0⤊ 0⤋
still a private party transaction unless through a business who'll figure in to the winning bid
2006-06-16 13:45:28 · answer #4 · answered by UGAdawg 3 · 0⤊ 0⤋
no tax to e-bay. your state will tax you according to model year whenever you register the car for plates.
2006-06-16 13:52:37 · answer #5 · answered by watashi_56081 2 · 0⤊ 0⤋
y would you buy a car on ebay
2006-06-16 13:45:43 · answer #6 · answered by penguinluver 2 · 1⤊ 2⤋
The state in which you live !!!
2006-06-16 13:50:18 · answer #7 · answered by john l 5 · 0⤊ 0⤋