answersLogoWhite

0


Best Answer

It varies per state. In most states, yes.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do you pay sales tax when you trade even on a auto?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Do you have to pay tax on a even trade?

Do I pay sales tax on even trade? a motocycle for a boat same value in Massachusetts .


Do disabled veterans pay auto sales taxes?

yes


Do you have to pay tn sales tax on a auto purchased in GA if you didn't pay GA sales tax?

Yes if you are registering the car in TN


Do you have to pay a sales tax on charges for the delivery of auto parts?

Yes, in many states, such as Minnesota, you have to pay sales tax on the delivery if you're paying sales tax on the item.


What business has the slogan Buy Here Pay Here NJ?

Buy Here Pay Here NJ is used by several car dealerships including Hudson Auto Trade, Edison Autos Sales NJ, and the Lodi Auto Mart in addition to other commercial ventures in the state.


What sales options are there on GMC vehicles?

There are a number of different sales options on GMC vehicles. Depending on the dealership one can pay the full amount by cash or credit card, one can get an auto financing loan and pay over several years or one can trade in an old vehicle as a deposit on a new car.


What state doesn't pay auto sales tax?

Several states have no sales tax. Among them are Oregon and New Hampshire.


Do Mississippi resident buying a boat in Alabama pay sales tax?

You do not pay sales tax in Alabama. However, you will pay sales tax in Mississippi when you register the boat. The tax is 7% of the price of the boat, motor and trailer, MINUS the value of your trade-in, if any. You will pay this tax at your county courthouse.


Do you have to pay Sales Tax on auto purchased from your sister?

You don't have to pay the sales tax to her say if she sells it to you for a flat rate of $700. However when you go to switch the title over at the DMV, they will ask you for how much you bought it for and you have to pay sales tax on that amount to the DMV themselves. Hope that helped!


Do visitors have to pay sales tax in US?

Yes, anything you buy, even with cash you have to pay sales tax. The amount varies depending on the state.


If you trade 1 car for another do you pay sales tax?

It varies from state to state. Where I live (Washington State) you pay sales tax on the difference in value between the new car and the trade-in vehicle. Example: New car purchase price $25,000, trade-in car value $10,000; tax is paid on $15,000. It varies from state to state. Where I live (Washington State) you pay sales tax on the difference in value between the new car and the trade-in vehicle. Example: New car purchase price $25,000, trade-in car value $10,000; tax is paid on $15,000.


What is the KY sales tax for new cars?

New car sales tax in Ky is 6%. Trade in value is deducted from the selling price. You pay taxes on the difference.