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Vehicle Sales Tax Questions

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

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#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.
#889 of 947 SC sales tax but live in CO by jjcooper0803 Apr 21, 2009 (6:55 pm)
I have kind of a different situation. My F I L lives in SC where my husband still has an account with a bank that will finance us. Also my F I L still has a car registered in my husbands name, so we have SC license plates. So if we buy a car in SC and register it there at his parents house with his plates, will we get away with paying the $300 cap on sales tax? Then when we register it after a year in CO, we actually have Disabled Vet plates that we can transfer to the new car which will cost us nothing also. Does this sound plausible? Replies to this message: tidester (Apr 21, 2009 8:49 pm) joel0622 (Apr 24, 2009 9:40 am)
#890 of 947 Re: SC sales tax but live in CO [jjcooper0803] by tidester HOST Apr 21, 2009 (8:49 pm)
Replying to: jjcooper0803 (Apr 21, 2009 6:55 pm) Then when we register it after a year in CO...   If you're living in CO, I believe the state requires that you register within 30 days.   tidester, host SUVs and Smart Shopper
#891 of 947 Re: SC sales tax but live in CO [jjcooper0803] by joel0622 Apr 24, 2009 (9:40 am)
Replying to: jjcooper0803 (Apr 21, 2009 6:55 pm) Anytime you ask the question "will we get away with " You are rolling the dice. It could end up costing you 10X what the original tax in colorado would have cost you if you had done it the right way to start with.
#892 of 947 state sales tax by thecore1234 May 10, 2009 (3:46 pm)
Iam buying a vehicle out of new york to mass.Is there a way to save on state sales tax? if the person sells it for a $1 does that have an effect on the tax? Replies to this message: euphonium (May 11, 2009 8:14 am) dtownfb (May 11, 2009 8:22 am)
#893 of 947 Re: state sales tax [thecore1234] by euphonium May 11, 2009 (8:14 am)
Replying to: thecore1234 (May 10, 2009 3:46 pm) Fraud prevention has caused the states to use "Value" tables or some publication like KBB.   If Obama can reach the "offshore" treasuries of complicated corporations, it stands to follow socialists at all levels of government can do likewise. Tax, tax, tax!
#894 of 947 Re: state sales tax [thecore1234] by dtownfb May 11, 2009 (8:22 am)
Replying to: thecore1234 (May 10, 2009 3:46 pm) I think states like NY and Mass. have taken steps to address people "claiming" to buy a vehicle for $1 or even $1000 to avoid state sales tax. I believe Mass. have adopted a policy of using the estimated book value of the used vehicle to determine state sales tax for private sales.   I would check the state's respective DMV websites to verify how they determine sales tax.
#895 of 947 Gifting in NY by heropuppy May 11, 2009 (4:05 pm)
My husband is gifting his SUV to my mom. It is registered in MI and my mom lives in NY. Will she have to pay NY sales tax? What can we do to avoid getting taxed? The KBB value is $4825. Replies to this message: tidester (May 11, 2009 7:20 pm) euphonium (May 12, 2009 10:18 am) kateblake (May 17, 2009 2:54 pm) euphonium (May 17, 2009 3:36 pm) volvomax (May 19, 2009 8:21 am) and 1 more...

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