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Vehicle Sales Tax Questions

947 messages,  Last post on Nov 23, 2009 at 10:05 AM

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#879 of 947 Re: Can you correct me [frostbyte3964] by euphonium Apr 06, 2009 (8:48 am)
Replying to: frostbyte3964 (Apr 05, 2009 4:51 pm) Perhaps a 'phone call to Sacramento would be appropriate. They may have some silly 90 day rule.
#880 of 947 Re: Credit Union requirement for out-of-state purchase [CalifLookieLoo] by joel0622 Apr 06, 2009 (11:28 am)
Replying to: CalifLookieLoo (Apr 04, 2009 9:17 pm) Tax is paid to what ever state you are registering the car in. If you live in California and will have California tags then you pay California tax. If you live in Nevada then you pay Nevada tax. No grey area at all. Replies to this message: kyfdx (Apr 06, 2009 12:17 pm)
#881 of 947 Re: Credit Union requirement for out-of-state purchase [joel0622] by kyfdx HOST Apr 06, 2009 (12:17 pm)
Replying to: joel0622 (Apr 06, 2009 11:28 am) Except... you can't take delivery in California from a dealer, without that dealer collecting California sales tax..   Like everything else in life, the answer is always: It depends..   There are almost as many rules on vehicle sales tax as there are states... Maybe more, since some states have different rules for buyers, depending on which state they live in.
#882 of 947 Sales Tax question on an old out of state car by steveonline Apr 07, 2009 (9:35 am)
I am a California resident. I bought a New York registered car that is stored in New Jersey on ebay. It is a 1965 classic car that I am having the shop fix up a little more in NJ before I bring it back to California. We are getting the parts and getting busy but it might take up to 6 months. I was wondering is there a time limit on the sales tax. Will I have to pay the higher sales tax in California now even though I bought it in February 2009.
#883 of 947 Re: CA and UT [euphonium] by tallman1 Apr 07, 2009 (9:52 am)
Replying to: euphonium (Apr 05, 2009 3:27 pm) In WA - the point of purchase determines the rate. King County is around 10% and other counties in the state are as low as 7.7%.   Interestingly enough, in the case of cars purchased out of Washington state and then registered here, you pay the sales tax rate of wherever you register it.   I bought my last car in Oregon and knew that I had to pay the sales tax when I went to get my WA tags. I went to a licensing office near where I worked at the time in Thurston County and paid their rate, not the higher Pierce County rate where I live. Saved a few bucks but was shocked it worked that way.
#884 of 947 out-of-state purchase, excise taxes and the 2009 sales tax credit by newcars Apr 10, 2009 (2:22 pm)
I live in South Carolina (official tax home) but spend a good deal of time in New York state. I am thinking about buying an Altima Hybrid in New York (because it is unavailable in South Carolina) but will register it in South Carolina. The new car tax is 4.25% (I think) in New York and 5% in South Carolina. If I purchase the car in New York but register in South Carolina:   1) Will I pay the 4.25% sales tax in New York when I purchase the car?   2) Will I pay the 0.75% difference in excise taxes to South Carolina or must I pay the full 5% in excise taxes to South Carolina?   3) Per the 2009 Automobile Sales Tax Deduction, will I be able to deduct 9.25%, 5%, 4.25%, 0.75% or anything from my Federal taxes?   Thank you for your help. Replies to this message: volvomax (Apr 10, 2009 2:57 pm) kyfdx (Apr 11, 2009 6:09 am) smithed (Apr 15, 2009 6:48 am) newcars (Apr 20, 2009 9:42 am)
#885 of 947 Re: out-of-state purchase, excise taxes and the 2009 sales tax credit [newcars] by volvomax Apr 10, 2009 (2:57 pm)
Replying to: newcars (Apr 10, 2009 2:22 pm) The rules vary from state to state. FAIK, you will pay the 4.25% tax in NY. NOTE: there may be city and county taxes as well. IF the total tax paid in NY is 4.25% you will pay the difference between that and the tax owed in SC. You will be able to deduct the total amount of tax paid on your 2010 return.
#886 of 947 Re: out-of-state purchase, excise taxes and the 2009 sales tax credit [newcars] by kyfdx HOST Apr 11, 2009 (6:09 am)
Replying to: newcars (Apr 10, 2009 2:22 pm) I think the sales tax is closer to 8% in NY?   And... SC caps auto sales tax at $300, the last I heard..   Not sure, but if you have a SC driver's license, then you should be able to buy the car in NY without paying any sales tax, then just register it in SC, and pay the tax there...   If you hold a NY driver's license, then you might be hard-pressed to claim SC residence for sales tax purposes... In that case, you might find it's worth it to buy the car in SC and avoid the chance of higher taxes.   You might find it difficult to not pay sales taxes in NY, if you have a residence there, even if it's not your primary one... I'm definitely not an expert on that, though... Given that the tax difference between the states is likely in the thousands of dollars, I wouldn't take a chance.. Buy the car in SC!   regards, kyfdx Host-Prices Paid Forums Replies to this message: smithed (Apr 15, 2009 6:48 am) newcars (Apr 20, 2009 9:42 am)
#887 of 947 Re: out-of-state purchase, excise taxes and the 2009 sales tax credit [kyfdx] by smithed Apr 15, 2009 (6:48 am)
Replying to: kyfdx (Apr 11, 2009 6:09 am) SC does indeed cap sales tax on cars at $300. The way they get us is property tax on cars every year based on its perceived value. That $$$$ goes to the county and schools. One reason to keep a car for a good while: the property tax goes down as the vehicle depreciates.   Buy it here if you have a residence in SC.
#888 of 947 Re: out-of-state purchase, excise taxes and the 2009 sales tax credit [kyfdx] by newcars Apr 20, 2009 (9:42 am)
Replying to: kyfdx (Apr 11, 2009 6:09 am) Thank you, everyone, for your replies. They have been helpful.   Since my official residence is South Carolina, I am going to try and purchase the car without paying sales tax. And as the Nissan Altima Hybrid is not available in South Carolina, I must buy it in New York.   I will let everyone know how it goes.

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