Multiply the state income tax times the car purchase price.
What is the new car sales tax in new mexico?
In Indiana, when you trade in a car as part of a vehicle purchase, the sales tax is calculated on the price of the new vehicle minus the trade-in value. For example, if you buy a car for $20,000 and trade in your old car valued at $5,000, you would pay sales tax on $15,000. This trade-in deduction helps reduce the overall sales tax owed on the transaction. It's important to keep documentation of the trade-in value for accurate tax calculation.
In order to find new car sales it's necessary to go to a car dealer. Car dealers are usually around the city and they can be found online. New car sales can also be seen on certain websites.
sales tax on new cars in Texas is 6.25%
You generally pay sales tax to the dealer in the new case of a new car or to the DMV when you register in the case of a used car.
at percantage of the cost of a new car is the sales tax in the state of Illinois?
file bankruptcy. you owe the bank money. how does buying a new car change that?
6%.
The sales tax can be paid to the dealer when purchasing a new car, and is usually factored into the total dollar amount that you give to the dealer before driving your new car off the showroom floor.
5.125
yes if you signed the title of the car over to the new owners
NO.