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There's tax too. You pay the sales tax for your state. then there's dealer fees, and registration.

At my dealership in FL, we have 6 percent sales tax, 600 dollar dealer fees, and 100 dollar title transfer or 200 dollar new registration.

10k for a 7k car sounds about right.

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Q: How much on average does title and registration cost on a used car in Michigan The value of the car is 7000 while on the sale deed is 10000?
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