how do you figure out how much taxes you'll pay when getting a used car?

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how do you figure out how much taxes you'll pay when getting a used car?

2006-10-24 06:20:16 · 3 answers · asked by bobbinforapples53 1 in Cars & Transportation ➔ Insurance & Registration

3 answers

Depends what state you're in. Just take what you paid for the car and multiply that amount by the state's sales tax rate. So, if the car cost $2,000 and the sales tax rate is 5%, you would have to pay $100 in sales tax.

2006-10-24 06:25:22 · answer #1 · answered by jim 6 · 0⤊ 0⤋

Multiply the cost of the car by the sales tax percentage for your county.
For example, if you're paying $5000 for the car and your tax rate is 6.50% then you will pay $325.00 in tax on the vehicle.

2006-10-24 13:23:39 · answer #2 · answered by free2b 3 · 0⤊ 0⤋

In California - just add 11% to cover tax, license and doc fees. It will get you close on anything!

2006-10-25 01:02:23 · answer #3 · answered by Anonymous · 0⤊ 0⤋