Ok, so I bought a vehicle from an aunt who is moving out of the country. I paid $15,000 for it. When I took the title(pink slip) to the DMV, the lady told me I have to pay $1200 in taxes. What gives? Is this even legal? It doesn't make sense at all. Taxes were already paid on that car when she bought it from the dealer, and now since I'm making a private transaction I have to pay taxes on that? I live in California buy the way, if that helps. Any comments and or suggestions for an alternative will help. Thanks in advance.
2006-08-23 09:33:42 · 6 answers · asked by Jay 2 in Cars & Transportation ➔ Insurance & Registration
Ok, so I guess the consensus is that I do have to pay the tax. In any case, will I get any of it back when tax season rolls around?
2006-08-23 09:57:56 · update #1
All states require you pay taxes on a vehicle whether purchased from a dealership or from a person. When I moved my NY to LA, although I had paid taxes in NY for my car I had to pay them again to LA. There is nothing you can do about it.
2006-08-23 09:39:04 · answer #1 · answered by Lindsey 3 · 0⤊ 0⤋
I know it is not fair but it is the state law. The DMV is basing that tax on the $15000 you paid. The only way you would be able to get it any lower is if your aunt gave you paperwork showing that you paid less than $15K. I went through the same thing, even showing the DMV where taxes were paid at the dealership, didn't matter to them. For the title to be transferred over, you have to pay the tax on the sales transaction.
2006-08-23 09:41:14 · answer #2 · answered by Sister Cat 3 · 0⤊ 0⤋
You paid $15000 for the vehicle and bought it from your aunt. Well usually an individual doesn't collect sales tax. Such as state, county, and city taxes. The DMV collects them when you register the car. Even transferring the car into your name. Also depending on the last name depends on when you renew. So the DMV will also collect ad valorem tax from the date u register it in your name to when you renew. Not sure what state your from but, this is how Alabama does it. I guess that about sums it up. Hope its helpful.
2006-08-23 10:58:03 · answer #3 · answered by ♫♪♥mï®♥♫♪ 4 · 0⤊ 0⤋
You definitely have to pay the taxes. I moved to WV and they took a percentage of the value of the car to figure the tax owed. yeah,..it sucks.
2006-08-23 09:40:53 · answer #4 · answered by theta342002 3 · 0⤊ 0⤋
definite for a pair causes. one, youve signed the identify, so the subsequent individual cant signal the identify, so cant get it swapped without a ton of rigamore. the 2d reason is the hot proprietor might want to be stuck along with your consequences and fees. in case you gave that individual a bill of sale in lieu of a identify, they could come decrease back on you because the felony identify isn't on your call, that is unlawful to promote it. the dmv calls that identify leaping.
2016-11-27 01:09:52 · answer #5 · answered by Anonymous · 0⤊ 0⤋
With the things that are not certain in life, taxes is one of the things that ARE. Its perfectly legal and that is the way that it has been forever.
2006-08-23 09:36:36 · answer #6 · answered by Joe K 6 · 0⤊ 0⤋