Sales Taxes - most places - yes....collected when you register/title vehicle.
If you buy a used car from a private party, you pay no sales tax, although you are legally supposed to report it. If you buy a used car from a dealer, you will pay sales tax.
No ... there is no sales tax on private person to person sales on used cars. Buying from a dealer may be a different story.
Yes, when you transfer the vehicle to your name, you will pay the taxes in the state you register the vehicle in.
Usually no because most private party purchases are made to purchase as-is unless you have something stating otherwise; of course you can always go back and ask but unless you are extremely lucky and the guy is nice you bought his lemon.
Yes! the reason is because taxes have to be assessed for the value of the vehicle for registration purposes
No, there are no Hyundai Elantras that are currently available at a dealership. If you want a used 2012, you will have to find this in a private party transaction most likely.
TVR was a manufacturer of sports cars in the UK. They went out of business in 2012. A person may purchase a used TVR T350 in the United Kingdom. Some dealerships in the UK sell this vehicle. If a person lives in the United States, they may purchase this car from places like eBay UK Motors, or from private party individuals. Vehicles imported from the United Kingdom are subject to customs fees and other taxes.
Inexpensive used cars can be had through private party (person to person) rather than from dealers. Look on craigslist.com or motors.ebay.com for local listings.
That depends on whether the used car was purchased from a dealership or a private party. If it was purchased from a dealership, there is a vehicle use tax of .75%, which may be collected by the dealer at the time of purchase if the dealer is located in Cook County. If the tax is not collected at the time of purchase, you will receive a letter in the mail with instructions on how to pay the tax. If you purchase the vehicle from a private party, you may still receive a letter in the mail, but it also contains instructions on what documentation to send in to show that you do not need to pay the tax.
Bill of Sale is not a contract. It is however just a receipt. Typically used when buying/selling a used car from/to a private party. It's a documented agreement that both parties understand what is being sold/bought and at what price and date. It's really just for your records as well as proof to the DMV for when you have to pay taxes on the purchase to have it registered for tags
I believe the taxes are collected by the state when you go to the dmv to transfer the vehicles title. The taxes are based on the sale price of the vehicle and the percentage of you state tax. The buyer is the person who would be paying the tax.
No you don't pay taxes to an individual, only a dealer. You will pay the sales tax at the dmv when you go to register the vehicle.