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SVTPerformance's Chain of Restaurants
Road Side Pub
Question about titling my car! Help!
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<blockquote data-quote="ArizonaSnake" data-source="post: 14077767" data-attributes="member: 2774"><p>Probably varies by state......</p><p></p><p>Are you buying this from a dealership or private party?</p><p></p><p>In Arizona we don't pay sales tax on a vehicle purchased from a private party.</p><p></p><p>If you are buying it from a dealership, the purchase order/agreement is what drives the sales tax. If you trade a vehicle in, the value of the trade is subtracted from the overall value of the sale and you pay sales tax only on the difference between the trade and the purchase.</p><p></p><p>If your state has a "road use tax" or "personal luxury tax" (as Arizona does), that tax value is assigned by the state based upon some table that assigns the value to the automobile. Doesn't matter if it is given to you free, if the assessed value is X you will a stated number of dollars. (New cars can cost nearly $600 or more a year with our road use tax) This tax declines as the car ages.</p><p></p><p>So in summary, in Arizona, there is no real way to cook the books. You only pay sales tax on a dealer sale, so they would have to be party to culinary event... and most dealerships aren't going to risk their business.</p></blockquote><p></p>
[QUOTE="ArizonaSnake, post: 14077767, member: 2774"] Probably varies by state...... Are you buying this from a dealership or private party? In Arizona we don't pay sales tax on a vehicle purchased from a private party. If you are buying it from a dealership, the purchase order/agreement is what drives the sales tax. If you trade a vehicle in, the value of the trade is subtracted from the overall value of the sale and you pay sales tax only on the difference between the trade and the purchase. If your state has a "road use tax" or "personal luxury tax" (as Arizona does), that tax value is assigned by the state based upon some table that assigns the value to the automobile. Doesn't matter if it is given to you free, if the assessed value is X you will a stated number of dollars. (New cars can cost nearly $600 or more a year with our road use tax) This tax declines as the car ages. So in summary, in Arizona, there is no real way to cook the books. You only pay sales tax on a dealer sale, so they would have to be party to culinary event... and most dealerships aren't going to risk their business. [/QUOTE]
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Question about titling my car! Help!
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