I live in Illinois, but I will be living in Wisconsin. I wanted to know what's the better deal.
2007-04-02 09:09:47 · 4 answers · asked by whit92 2 in Cars & Transportation ➔ Buying & Selling
The best deal would be how good of a deal any car dealer would give you. Some states are higher due to location or demand, so you need to check and see who will give you the best deal.
2007-04-02 09:20:51 · answer #1 · answered by Really ? 7 · 0⤊ 0⤋
Personally, I live in Illinois and have purchased cars across the state line in Wisconsin.
As the sales tax rate in the Milwaukee area was about 5.6% is lower than the sales tax in the Aurora, IL area (7.5% I think), I tried (in fact begged) to pay my sales tax in Wisconsin. However, I could not do that.
What happens is when you purchase a vehicle across state lines, you are issued a temp. license plate from that state. When you take the car back home and register the vehicle in your state, you must pay sales tax on the vehicle once you register it, at the sales tax rate for the area you live in. Like I said, as I lived in the Aurora area, once I registered my car, I had to pay 7.5% sales tax on the car.
Many states also have a provision that if you buy a car in a different state and register it in that state (say Wisconsin), then reregister the car in your home state (say Illinois where I actually live), you may still have to pay some tax on the car when your register it in your home state. These provisions are specifically written to get people who are trying to cheat the tax system.
If you are moving to Wisconsin, I would wait until you move there. As they have cheaper sales tax rates, you'll save yourself a few hundred dollars.
2007-04-02 21:46:51 · answer #2 · answered by Slider728 6 · 0⤊ 0⤋
Most of the time, the sales tax is paid in the state that you purchase the vehicle, regardless of where you live. Example is a MA( 5% sales tax) customer purchasing a vehicle in NH( no sales tax) The customer needs to register the vehicle in Ma so therefore needs to pay the sales tax for MA
2007-04-02 16:28:29 · answer #3 · answered by carbizzgirl 1 · 0⤊ 0⤋
that is a broad question.....No matter where you buy it,,,and you can go online to check the prices of cars almot anywhere in the u.s., you will still have to pay the taxes in your home state.
Good luck on this as you will spend much time researching the prices of cars... There are many websites that will assist you...
2007-04-02 16:19:16 · answer #4 · answered by RETIRED 7 · 0⤊ 0⤋