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Is sales tax in NJ the same for a used vehicle from a private party as it is for a new car from a dealership?
In New Jersey, the sales tax rate is generally the same for both used vehicles purchased from a private party and new cars bought from a dealership. However, when buying a used vehicle from a private seller, the buyer is typically responsible for reporting the sale and paying the sales tax directly to the state when registering the vehicle. In contrast, dealerships usually collect the sales tax at the time of sale. Therefore, while the rate is the same, the process of payment differs.
What else can I help you with?
Does Nevada have sales tax on private party car sales?
No, as of 2005 Nevada does not tax private-party vehicle sales, but only if the buyer is a legal resident of the state.
Do you pay sales tax on a car private party sale in kansas?
If I live in Kansa but buy a car from a private party in Texas, how is sales tax calculated on the vehicle.
Do you have to pay sales tax on a private party vehicle sale?
yes you do baby
What are the advantages of purchasing a vehicle through private party car sales?
The advantages of purchasing a vehicle through private party car sales include potentially lower prices, more room for negotiation, a wider selection of vehicles, and the ability to buy directly from the owner.
What are the benefits of purchasing a car from a private party seller?
Buying a car from a private seller can often be cheaper than buying from a dealership. It also allows for more flexibility in negotiations and can sometimes result in a simpler and quicker transaction process. However, private party sales may not offer the same level of warranty or guarantees as buying from a dealership.
Do I pay sales tax if buying a car from a private party in Oklahoma but living in Texas?
Yes you pay Texas Sales tax. Texas has passed a new law for private party sales regarding sales tax though, you used to be able to pay tax on what you paid for the vehicle but now you will pay tax based upon the "book" value of the vehicle unless you get a licensed Dealer to give you a written value of the vehicle
Do you pay a use tax if you buy a car in Oregon from a private party?
Oregon has no sales tax and no use tax, so the answer is no, you would not owe any use tax whether on a used car from a private party or a new car from a dealership.
Is there a Cook County IL sales tax on used car purchase?
That depends on whether the used car was purchased from a dealership or a private party. If it was purchased from a dealership, there is a vehicle use tax of .75%, which may be collected by the dealer at the time of purchase if the dealer is located in Cook County. If the tax is not collected at the time of purchase, you will receive a letter in the mail with instructions on how to pay the tax. If you purchase the vehicle from a private party, you may still receive a letter in the mail, but it also contains instructions on what documentation to send in to show that you do not need to pay the tax.
Do you have to pay sales tax when purchasing a used car from a private party in Texas?
Yes, when you transfer the vehicle to your name, you will pay the taxes in the state you register the vehicle in.
If you have rightfully repossessed a vehicle from a private party sale in the state of Virginia can the guy you sold the car to sue you for money he has paid on the vehicle prior to repossesion?
This is best answered by referring to the language of your private sales contract.
Do I pay taxes on a used car purchase from a private party?
Sales Taxes - most places - yes....collected when you register/title vehicle.
What is the sales tax on used car purchases in atlanta?
If you buy it from a private owner there is no sales tax. If you get it from a dealership, you'll pay ~8% sales tax
