Do I have to pay taxes to the city, seller or anyone else?
2006-07-02 15:54:28 · 8 answers · asked by Mega 1 in Cars & Transportation ➔ Buying & Selling
Depends on the state you live in. Usually you'll pay sales tax when you go and get your plates and title transfer.
2006-07-02 15:58:21 · answer #1 · answered by misskitten627 2 · 0⤊ 0⤋
Yes ... thing to do is ask the seller to "lie" about how much they sold it to you for. Then you won't have to pay so much. Most people are willing to do this, since they're not losing any money from it.
When you go to the Office of Motor Vehicles, they'll ask you for this information. You'll pay your taxes there.
If you paid cash for the car (versus getting a loan from the bank where you used the car as collateral), you shouldn't have any trouble with the little "scam". Good luck!
2006-07-02 16:10:31 · answer #2 · answered by wormfarmer 4 · 0⤊ 0⤋
NO!
In some states, don't know about all, if one sells multiple cars in a year, one is considered a dealer and must collext sales tax. I think it may be 3-5 sales in a year. Not sure of the number.
At one time, Arkansas was trying to abolish this practice of collecting sales tax on the same auto each time it was sold. Never happened.
2006-07-02 16:05:29 · answer #3 · answered by ed 7 · 0⤊ 0⤋
Yes you have to pay the sales tax on either the amount the buyer pays or the blue book value, whicher is higher, to the appropriate level of government.
2006-07-02 16:01:34 · answer #4 · answered by meinfever 1 · 0⤊ 0⤋
yes when you go to register it at the state depaetment they willcharge you sales tax .
2006-07-02 15:58:53 · answer #5 · answered by gruntlicker 3 · 0⤊ 0⤋
no sales tax on cars, you pay property tax to DMV
2006-07-02 15:58:08 · answer #6 · answered by Just Gone 5 · 0⤊ 0⤋
Yes and that goes for any state.
2006-07-02 15:57:49 · answer #7 · answered by Anonymous · 0⤊ 0⤋
if you buy in canada you do.. when you change ownership
2006-07-02 15:58:02 · answer #8 · answered by swiper_no_swiping2006 2 · 0⤊ 0⤋