local dealers here in SJ had evo's advertised for $27,990, if you add +/- 10% that would be around $30,789

 

You still have to pay tax on a used vehicle when you register it.

So $30,500 + %10 = $33,550

 

you do but that can be negotiated with the seller.

 

only by lying to the BMV/DMV about the purchase price.

 

there was an sti on here that had like at least 2000 in suspension stuff alone selling for the same price as this ... i worship the evo but for that price might as well get a brand spankin new one

 

Very few states do this. The purchaser is required to submit a bill of sale when obtaining a new title in his or her state. If the seller is not present when the title is transferred, and a bill of sale not present, then and only then is fair market or "book value" used to calculate sales tax.

I'll give the guy $22,001 cash!

 

I'm not the seller.

However, if I were to buy his car from him and then title it in my state I would have to pay local sales tax on the vehicle. Every state is virtually the same way. Don't believe me...call your local BMV and ask them if you have to pay sales tax when you title a used vehicle. Your right though...you don't pay the seller sales tax. You pay your state or local municipality. Sucks, but it's the law.

 

i-club, where lowballers dwell! i love it!

hell, i'm sure people here would throw down $25k in benjamins for this car.

goodluck on the sale.

db

 

O.K. I can see this is turning into a flame session, but to prove my point I just got off the phone with NC DMV. Melody was very nice. Every state is slightly different, but they get there money somehow.

Here's the number if you don't believe me. Call NCDMV's Customer Service Office 919-715-7000. You pay what's called Highway use tax. However, this is in lieu of sales tax, but it's essentially the same thing. Every state is different, but they will collect a percentage of sales price of the vehicle. Here is the excerpt from frequently asked questions on the NCDOT website.

"What is Highway Use Tax?

North Carolina collects a 3% Highway Use Tax on vehicles in lieu of a state sales tax (General Statute 105-187.2). The tax is assessed each time a title is transferred. The maximum tax for commercial vehicles (vehicles with a weight greater than 26,000 pounds) is $1,000.00. All other vehicles are charged 3% with no ceiling."


If the vehicle is purchased from a Dealer or a Leasing Company, the tax is 3% of the purchase price, less any trade in credit. A bill of sale must accompany each application. Vehicles purchased from anyone other than a dealer must pay a 3% tax based on the vehicle's value according to a value table maintained by the North Carolina Division of Motor Vehicles. "

Every state in the Union will charge a percentage of the vehicle sale price every time a title changes hands. 3% is pretty good considering most states charge basic sales tax. However, your annual registration fees are slightly higher than others, and that's how they get the rest of their money. Call it what you will, you still pay a fee based on a percentage of the SALES price, and that in a nutshell is sales tax.


Last year I purchased 5 automobiles (max allowed w/out dealers license) in different states and shipped them to Ohio to sell. I did not pay sales tax in the states that I purchased these vehicles. However, In order to sell them in Ohio I needed Ohio titles. In order to obtain an Ohio title, I must pay sales tax on these vehicles unless I have a dealers license. Don't assume that just because your laws are one way in North Carolina doesn't mean they are the same in all other states. ie Arizona, New Mexico, Ohio, Texas, Kentucky, etc..