When a licensed auto dealer purchases a car, whether from a private party, at an auction or from the manufacturer, the purchase is not considered a taxable transaction for sales tax purposes. This is the same when a grocery store purchases tomatoes from a local farmer. Neither pay a sales tax, but when the grocer sells the tomatoes to his customers, the customers pay a sales tax. To answer the question, neither pay a sales tax on the transaction.
In the state of Georgia, an emissions test must be passed in order to buy or sell a car. If a dealer sells a car to a customer and it fails emissions, the dealer is responsible for it.
Any vehicle dealer needs to collect sales tax for whatever they sell, unless they are selling to another dealer or wholesaler.
The price a car dealer pays to the manufacturer for each vehicle he buys.The invoice price is sometimes used as a tool to sell by the car dealer implying that the customer is buying at cost without telling them about bonus money and hold back that can be in the thousands. This system also allows the dealer to "not show a profit" bypass paying a commission on profit to the sales staff.
A sales firm is a company whose major purpose is to sell things. Companies in this field often contract with manufacturers to sell the makers goods. For instance, a new car dealer is a sales firm where as the company that makes the cars is not.
Is any kind of assistance does the vehicle manufacturer provided to a franchised dealer Is to give them information about the cars and products they want to give to the franchised dealer to sell them on, also to assist any problems they have which a car from the franchised dealer.
You can sell 6 cars a year with no sales lic.
The standard deivation is $1025. THis is part of the question.
It depends on what you mean. Most states allow person to person sales, but if you sell guns regularly, you have be a licensed dealer. In most states, you can sell from your home as long as you meet certain requirements for storage.
NO..Dealers do not need to collect tax from purcahsers who are out of state residents
If the dealer agreed to sell you the car but sold it to another buyer:The dealer will claim it is an error, and it may be, it often happens that two sales people have deals going on the same car at the same time and one "CLOSES" first, meaning the other buyer actually pays 100% and drives away. This can happen without the dealer ship catching it.Then they have to give 100% of any deposit back and should apologise. When this happens we (at the dealer I work for) try to sell you an equivalent car with an option or add on feature at no extra charge as an apology.In another state makes no difference!
A wholesale car dealer is a car dealer that cannot sell vehicles to the general public, and can sell only to other car dealers.
You'd have to either sell it to an FFL dealer, or sell it through an FFL dealer on consignment.