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16y ago

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Related Questions

Do you have to pay a new car sales tax in the state you purchase the car and then again in your home state?

you only pay taxes in the state the car is registered.


Do i still have to pay the lien even if i don't want the car?

If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.


Does a resident of Illinois have to pay sales tax on a new car they purchased in Missouri?

You pay the tax on the purchase price in IL.


Would you pay California sales tax on a new car purchase if you are a Utah resident?

Noooooooooooooooooooooooo!!!!!!!!!!


How do you trade in a car that is not paid off?

Pay the bill off and sell it or borrow enough on the new car to pay off the old car and finance then new one. My advice is to not consider trading until you pay off the car you now own. That way you will be in a much better financial condition to purchase another car.


Are the taxes for a new car based on where you live or where you buy the car?

The taxes on a new vehicle purchase will be paid to the state where you reside. If you purchase the vehicle in a state other than the one where you reside you will pay the sales tax when you register it, or title it in your state.


If you trade 1 car for another do you pay sales tax?

It varies from state to state. Where I live (Washington State) you pay sales tax on the difference in value between the new car and the trade-in vehicle. Example: New car purchase price $25,000, trade-in car value $10,000; tax is paid on $15,000. It varies from state to state. Where I live (Washington State) you pay sales tax on the difference in value between the new car and the trade-in vehicle. Example: New car purchase price $25,000, trade-in car value $10,000; tax is paid on $15,000.


How do banks typically pay car dealerships for the purchase of vehicles?

Banks typically pay car dealerships for the purchase of vehicles by issuing a check or transferring funds electronically.


If you purchase your new car out of state must you pay your local county sales tax?

You should ONLY pay the sales taxes etc. in the state where the vehicle is registered.


Do you have to pay sales tax on a used car if you return it for a refund within a week of purchase in New Jersey?

If it was registered by you in N.J. - Yes


Do used car dealers pay sales tax and license when they buy wholesale?

They are a reseller and do not pay tax when they purchase a car.


Can you explain how personal contract purchase works?

Personal Contract Purchase (PCP) is a type of car finance agreement where you pay a deposit, followed by monthly payments for a fixed term. At the end of the term, you have the option to either return the car, trade it in for a new one, or pay a final lump sum to own the car outright.