I'm planning on purchasing a vehicle from a friend of mine and basically i need to know if there is any tax on private party vehicle purchases. Also the car is coming from California if that at all changes anything. Thanks and appreciate it
I'm planning on purchasing a vehicle from a friend of mine and basically i need to know if there is any tax on private party vehicle purchases. Also the car is coming from California if that at all changes anything. Thanks and appreciate it
nope... no charges unless hes a sort of dealer of any kind
yeeeeeep no tax. unless he works for a dealer and is sellin them on the side... but thats not common
Interesting!!! Nope he's not a dealer of any kind or anything. Just a friend that's in california wanting to sell me his type-s for dirt cheap. I was just concerned because i heard some states would tax them 7% or 3% of the vehicles total bill of sale amount or kbb amount. So after i've received the car, i can just take it to get a tag and that'll be it right?
theres tax on him
he is supposed to report that for income tax
i believe
Val for President
So the car coming from california doesn't matter at all then?
shouldnt on your end
youll just have to register it and get emissions
Val for President
It's an 06 Type-s and it has to run through emissions?
usually when you register a car (or atleast in my experiences) you have to get emissions done
Val for President