How Long Do I Have To Pay Used Car Sales Tax In Missouri?
Question by scheibler1 | Posted in Buying & Selling
I barely recently bought a used car on May 31, 2008 from a used car dealership where I live. I understand that I have to pay sales tax which is 7-8% in my size, get new plates, tags, etc. I have already updated my insurance and am awaiting the Title in my name. How long do I have until I have to pay the sales tax?
Thanks!
Answer: You will not get a head in your name until the sales tax is paid. The dealer probably collected the sales tax already.
What Is The Arkansas Used Car Sales Tax Percentage?
Question by Amber Hawn | Posted in Buying & Selling
What is the cutoff for buying a used car to be exempt from paying sales tax?
Answer: in my government (RI) car sales tax is the same as the regular sales tax. and the only way to be tax exempt is if you have a tax credit letter from insurance company which you sometimes get if your car is totaled
Used Car Sales Tax When Trading In A Car In Michigan?
Question by Tj | Posted in Buying & Selling
If i mercantilism in my car to a dealer and purchase a used car in michigan, do i pay sales tax on the total price of that used car, or do i pay sales tax on the difference between what my trade in value is and the value of that used car i am buying?
Answer: This is in reality a really good question. I am not positive but think of it this way.
Your trading in your car. They are going to give you a valuation and write you a check and hand it to you (Theoretically). Then you are going to turn around and use that check to buy a new/used car. So my suit would be yes. You will pay sales tax on the entire sale of the new/used car...I think
I am looking to buy a used car very in time. I live in Kane county and would like to know what the car sales tax is so I can get an idea how much extra from the car assess I will be paying.
Answer: Sordid, mccoy, you know your stuff but you don't know the corrupt state of Illinois.
Illinois tax rates depart by county and the sales tax rate for autos is NOT always the same as it is for general merchandise.
In Kane county it is the same, but it differs in other counties.
For instance, In Schaumburg township, a part of Cook county, the general merchandise tax rate is 9.75%, but auto purchasing tax rate is 7.25%
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