sailor
Merry Whatever ..R.I.P. dadkins
Premium
join:2003-10-21
Long Island
4 edits | $958.69 to register a used car today here in NY
I recently purchased two used Ford Crown Victoria Police Interceptors. Today I go to register one of them...a 2005 with a purchase price of $8,750.00 One of the things I have always had a case of the ass with here in NY is every time someone buys a used vehicle they must pay NY sales tax on it which is over 8%...8.625% for me based on the county I live in. I always argue this is double taxation and even triple taxation and on and on..
If you buy a new car here in NY you pay sales tax on it..Then if you sell it a year later the person buying it from you pays sales tax again on the selling price and so if the vehicle has 6 different owners over a period of time each owner must pay sales tax on the purchase price...There are gift exemptions but my post is dealing with the fact that even though the vehicle if used you still must pay sales tax on the purchase price...
So today I take the bill of sale showing purchase price of $8,750.00 ( I didn't buy the car locally but from another state and had it trucked to me )..I take a copy of my proof of insurance that was emailed to me while still on the phone with my insurance company adding the vehicle to my policy, my filled out forms including registering and putting in for a NY title and the clear title from the party I purchased the vehicle from in Chicago..
NY as of September raised all their motor vehicle fees and I won't break down all the different fees but the total I had to pay today was $ 958.69 out the door..NY Sales tax and the other fees involved in registering and getting plates for a vehicle..That includes a two year registration based on a yearly cost of $34.50...They gave me the plates and a 10 temp sticker for emissions testing..That must be done within 10 days and that cost will add another $37.50 to the total.
So how is it where you live? What state do you live in and do you have to pay sales tax on a used vehicle along with other registration fees? Would you know what it would cost you to register a used car with a sale price of $8,750.00 in your state? |
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CylonRed
Premium,MVM
join:2000-07-06
Bloom County
1 edit | Ohio - and yes we have sales tax. If paid at a dealer then they collect the tax.
We do not have a personal property tax on vehicles though, which is very nice.
It would only be double taxation if you had the pay the tax more than once for one transaction (sale). Since that it not happening...
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Brian
"It drops into your stomach like a Abrams's tank.... driven by Rosanne Barr..." A. Bourdain |
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brhalltx
Premium
join:2002-12-09
Houston, TX | reply to sailor
It works the same way in Texas, although we only pay state sales tax on cars, not county and local sales tax. Plus registration and other fees, of course. |
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No_Strings
Premium,Mod
join:2001-11-22
The OC
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Efficient
| reply to sailor
Sample tax and fee calculation for your basic $50k new vehicle in the OC.
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Doctor Olds
I Need A Remedy For What's Ailing Me.
Premium,VIP
join:2001-04-19
1970 442 W30
clubs: | reply to sailor
Only *new* sales at a Dealer have a State Sales tax in Georgia. There is a County Ad Valorem Tax, a Title Fee and a Tag Fee. |
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Fobulous
Premium
join:2002-08-14
Missouri City, TX
clubs:
 ·Comcast
| reply to sailor
In Texas:
For any purchases new or used 6.25% tax.
I am assuming you are talking about the first time when you register for the car not the annual vehicle permit thingie? That thing costs about $78 year here in Texas..
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After one look at this planet any visitor from outer space would say "I want to see the manager."
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Fir_Na_Tine
Giggity Giggity
Premium
join:2001-01-03
Clementon, NJ
| reply to sailor
New Jersey is like that. I bought my friends 87' Blazer years ago for $7500 and had to pay taxes on it (6%). We tried to write up to bills of sale, one for the purchase price and another for $1 to try and get out of paying the tax. But the state sent me a letter saying they were going to send someone out to appraise the truck. So I had to pay the taxes on the actual purchase price. Although I registered it as a wagon instead of a truck and it saved me $100.
Please no lectures on how I tried to avoid paying taxes and I am a bad person for it , everybody that buys something online and doesn't report it is doing same thing.
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peterboro1
join:2006-11-03
Peterborough, ON
| reply to sailor
Same up in the land of unbridled socialism where tax is a necessity to pay for our welfare state.
But you can get any used motor vehicle dealer to do an appraisal on it and you only pay tax on that or the purchase price receipt which is of course low.  |
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sailor
Merry Whatever ..R.I.P. dadkins
Premium
join:2003-10-21
Long Island
| reply to Fir_Na_Tine
said by Fir_Na_Tine  :New Jersey is like that. I bought my friends 87' Blazer years ago for $7500 and had to pay taxes on it (6%). We tried to write up to bills of sale, one for the purchase price and another for $1 to try and get out of paying the tax. But the state sent me a letter saying they were going to send someone out to appraise the truck. So I had to pay the taxes on the actual purchase price. Although I registered it as a wagon instead of a truck and it saved me $100. Please no lectures on how I tried to avoid paying taxes and I am a bad person for it , everybody that buys something online and doesn't report it is doing same thing. Up until recently here in NY it was quite common to hear of buyers getting a bill of sale by the seller indicating a much lower price than actually paid. But what I understand now is if the vehicle is less than 10 years old the DMV will check the NADA guide and if the bill of sale you present is way below that they will give you two choices:
1) Either pay sales tax on what the clerk tells you to pay going by the NADA guide if you want to complete the transaction and get your plates today or
2) Take a form back to the seller and have them check off they sold you the car for less than book value. And both buyer and seller must sign that form. And then you must make another trip back to the DMV.
Its my understanding that many are just paying up on the spot after being presented with the two options above in order to get their plates and get out the door as fast as possible.
I personally have no problem with paying my fair share of taxes but again, I feel the procedure to charge sales tax every time the car changes hands in just not fair.
In my case yesterday on a used vehicle for $8,750 I am just shy of paying another $1,000 to just legally get plates for it..Not to mention insurance cost and emissions/safety inspection...I would think it adds to the practice of many driving with an unregistered vehicle.
And when I think of how many times I read of someone locally getting ticketed driving an unregistered vehicle I have to wonder maybe some feel its worth not going through the legal way with the high cost involved. Its not like they go to jail for driving an unregistered vehicle..They basically pay a fine which probably is way less than what I paid yesterday to register my used vehicle...
With more and more states across the country in dire need of money I believe many more will raise fees to register a car just like NY raised its fees this past September. I believe Florida adds on a $200.00 fee to register a vehicle for the first time unless you are transferring tags from one registered vehicle to another.
It is always we the consumer who get to pay for others being financially irresponsible.  |
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sailor
Merry Whatever ..R.I.P. dadkins
Premium
join:2003-10-21
Long Island
| reply to Fobulous
said by Fobulous :In Texas: For any purchases new or used 6.25% tax. I am assuming you are talking about the first time when you register for the car not the annual vehicle permit thingie? That thing costs about $78 year here in Texas.. Yes, the first time fee's. My annual fee from now for the car will be $34.40 but had to pay yesterday $958.69.
By reading the replies seems NY is not that far out of the ballpark compared to other states. |
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Fobulous
Premium
join:2002-08-14
Missouri City, TX
clubs:
·Comcast
| Got it. The bill of sale is required in the State of Texas as well but it varies greatly in different counties. In Fort Bend County where i live they are pretty lax on that part.. they actually go by whatever i put down for the "Transfer of Title" form. You can imagine what kind of possibilities there are  |
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sdgthy
@optonline.net
| reply to sailor
I think you missed a few charges/fees there... Still, I'm sure, most of that was the sales tax. They use to charge sales tax based on a bill of sale, but stopped that years ago and now collect based on "book value".
Still better than someplace like CT or NC, two states I know of that collect a yearly property tax on autos. |
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CylonRed
Premium,MVM
join:2000-07-06
Bloom County
| A lot of states collect personal property tax for motor vehicles, boats etc... South Carolina, Indiana, Nevada and a bunch more.
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Brian
"It drops into your stomach like a Abrams's tank.... driven by Rosanne Barr..." A. Bourdain |
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damason1
join:2003-07-04
Bradford, AR | Here in Arkansas there is sales tax if the price paid on the
used vehicle is over 2500.00
When I bought my used F-250 Diesel this year It cost about
40.00 to get the plates for the truck.. |
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AK truck
@gci.net | reply to sailor
There are no taxes here in AK. It cost me 100 bucks to register my vehicles |
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removed
Crisis Management Squad
Premium,VIP
join:2002-02-08
Houston, TX
clubs:
| reply to Fobulous
said by Fobulous :Got it. The bill of sale is required in the State of Texas as well but it varies greatly in different counties. In Fort Bend County where i live they are pretty lax on that part.. they actually go by whatever i put down for the "Transfer of Title" form. You can imagine what kind of possibilities there are This is incorrect as of 2006, when the state government mandated that its list of automobile values must be used: »www.txdmv.gov/vehicles/titles/st···alue.htm
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Fobulous
Premium
join:2002-08-14
Missouri City, TX
clubs:
·Comcast
| Well.. i just did this this year with Fort Bend County by putting any number in the Title Transfer Form...
I know about that law since my friend who resides in Harris County cannot just put down value on the Title Transfer form...
The lady who did my title transfer didn't ask any question at all... so i guess they are not following rules there..
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After one look at this planet any visitor from outer space would say "I want to see the manager."
- William S. Burroughs
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removed
Crisis Management Squad
Premium,VIP
join:2002-02-08
Houston, TX
clubs:
| Your friend in Harris County can put down whatever value he wants on the title transfer form. What he's taxed on, however, is determined by the state's database.
Chances are that Fort Bend simply went with your value since it was over what the state believes the car is worth. Have you tried entering your VIN and mileage on the site to see what the SPV shows for you? I've played with it by putting in the VIN and mileage of some of the cars I own, and the state always seems to show a much lower value than what I could get if I sold the car to a private party (or even a dealer with enough haggling).
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Fobulous
Premium
join:2002-08-14
Missouri City, TX
clubs: | I would doubt that the state value would be lower than the value i put down for the 2005 BMW x5.. |
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removed
Crisis Management Squad
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join:2002-02-08
Houston, TX
clubs: | I would doubt a lot of things, but this is the state we're talking about. Which value did the SPV calculator come up with for you?
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