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Yes. It is quick and doesn't cost you as much as you might think, especially if you drive the right kind of car. Also, many states give you credit for your trade when figuring sales tax. For instance, let's say you are buying a $20,000 car, and have a $12,000 trade. The sales tax in my state is 6 percent on cars. You will pay taxes on $8,000 in most states, instead of $20,000, for a savings of $720.
What else can I help you with?
Do you have to pay taxes if you win a car?
If you win a car you are responsible to pay taxes in the state where you live.
What taxes do you pay if giving a car as a gift in NC?
You don't pay the taxes, the person receiving the car as a gift does.
If you buy a car in Maryland and live in Virginia where do you pay taxes?
You pay Virginia taxes.
Do you have to pay the taxes in the car you trade in in Virginia?
you would only pay taxes on a difference
Do you pay taxes on cars that are gifted?
yes, it will be based on the "value" of the car. You always pay taxes.
Do you pay taxes on cars that are gifted in Florida?
Yes you will have to pay taxes when you register the car in your name.
When you buy a used car in Illinois does the seller pay any taxes?
He pays income taxes. You pay sales taxes.
Inherited classic car - do you have to pay taxes when car is sold?
No
If you buy a car in tax-free New Hampshire and you move to Florida will you have to pay taxes?
Yes- you pay the taxes when you register your car in the state you live in.
Do you have to pay taxes on a car that is a gift?
Someone has to pay taxes, yes. Contact your local Bureau of Motor Vehicles.
What will a car dealer pay you for your car if your are not trading in?
About half of it's actual value.
Do you pay taxes on a lease car in Georgia?
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