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Do I have to pay sales tax if I take over auto loan payments of another?
Wiki User
∙ 16y ago
Presuming you mean your buying the car by assuming the loan of another:
The purchase is taxable. It doesn't matter if you pay cash or finance it by getting a new loan, or assuming an existing one. It should be based on the current payoff amount of the loan, which is really what you are paying.
If it is within a family, there may be an exemption.
Wiki User
∙ 16y ago
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What is the purpose of a refinance auto loan calculator?
The purpose of a refinance auto loan calculator is that it helps you to find out if you can afford to change your loan terms. It will tell you what your new monthly payments will be.
Where can a person get a capital one auto loan?
Apply for new car loans, used car loans, and auto loan refinancing at the official site of Capital One, and use the auto loan calculator to estimate your payments.
I have an auto loan in my name can i get another auto loan in my name?
If you are already running a loan, then you can take a loan from another bank not from the same bank. If still you want a loan from same bank, then you can get on your parents name.
How is repayment structured on auto loan refinance?
When an auto loan is refinanced, repayment is structured depending on the amount outstanding on the loan and the amount of months left to repay at time of refinancing. This may enable a person to save extra money by lowering the cost of the loan payments.
Where can I find a reputable car financer with low interest rates and low monthly payments?
Capitol One has a great auto financing program. Their website is http://www.capitalone.com/auto-financing/ . Another place you could check is https://www.chase.com/auto-loan/car-loan.htm .
Do auto loan calculators accurately predict auto loan payments?
Auto loan calculators are not reliable. Although they can sometimes predict auto loan payments correctly, they are often inaccurate and can cause issues.
How is the interest on an auto loan calculated?
Auto loan interest payments are calculated using an amortization schedule.
How far behind on a auto loan before they repo the auto?
3 payments
Would refinancing my auto loan be a good idea if I can not afford the payments/?
Refi of an auto loan can help to lower montly payments. You can get a lower rate if you refi with a lower interest rate.
Is there a good Vehicle loan calculator?
Auto finance and car loan tips to help making car buying easier. Cars.com's auto loan calculator estimates your monthly payments, down payments, interest rate.
What is the phone number to make auto loan payments?
that depends on who your loan is through.Do you know what company you got the loan with?
How can you calculate your estimated auto loan payments?
You can calculate your auto loan payments by using an auto loan calculator that can be found on various websites. You will need to enter the following information into the online auto loan calculators: The purchase price, the cash rebate, the value of your trade in,what you had previously owed from your trade in, your down payment, and your interest rate.
Your ex has filed bankruptcy and you are a cobuyer on the auto loan what will happen now?
You will be responsible for the loan payments
How do I find a calculator for car loan payments?
If your looking for an auto loan calculator, Bankrate is a great place to start. They provide car loan and auto loan calculators to help with your buying decision. http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx
Can you pay off your auto loan to the lender?
Yes when you pay off your auto loan the payment should be made to the lender. In fact all auto loan payments should be made to the lender who financed the loan.
What exactly is a loan auto calculator?
An auto loan calculator helps in figuring out the amount of the monthly auto loan payments and the paid-off date if all payment are made, based on the auto loan amount, term, interest rate, and start date. It can also help figure out how extra payments change the paid-off date.
What is the purpose of a refinance auto loan calculator?
The purpose of a refinance auto loan calculator is that it helps you to find out if you can afford to change your loan terms. It will tell you what your new monthly payments will be.
