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Old 08-22-2008, 03:32 PM   #1
Bailey15
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Default Sales Tax when purchasing a used car from a private seller

Is there any difference in how the sales tax is calculated if you buy a used car from a private seller vs. a dealer. I'm in Texas and the sales tax is around 6.25%. I'm assuming with the dealer you pay the taxes to the dealer directly when you purchase but from a private seller I pay the taxes directly to the state based on the sales tax after I purchase the vehicle. Is this correct? Can anyone help me with this?
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Old 08-22-2008, 03:37 PM   #2
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Yes, when you go to get the title transferred, they will tell you the amount of sales tax owed. They no longer take your word for how much you paid for the vehicle, but they have a chart they go by to say how much the vehicle is worth in calculating sales tax.
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Old 08-22-2008, 03:38 PM   #3
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In AZ there is NO sales tax due if the sale between 2 private parties. TX DMV can tell you.


I love AZ.





No front plate either!
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Old 08-22-2008, 03:49 PM   #4
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Originally Posted by HarleyB View Post
In AZ there is NO sales tax due if the sale between 2 private parties. TX DMV can tell you.


I love AZ.





No front plate either!

That's really cool, FL the tax is applied so you have to pay between two parties when you register the car.
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Old 08-22-2008, 04:18 PM   #5
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Here in Calif. one of the most exspensive places to live, You're taxed on the purchase price, new or used. On private party sales, you are also taxed on the purchase price that you "report", get my drift?
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Old 08-22-2008, 04:21 PM   #6
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Originally Posted by myquickZ06 View Post
Here in Calif. one of the most exspensive places to live, You're taxed on the purchase price, new or used. On private party sales, you are also taxed on the purchase price that you "report", get my drift?
sure do....
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Old 08-22-2008, 04:21 PM   #7
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That is the way it works in NY.
Quote:
Originally Posted by BigButtLover View Post
Yes, when you go to get the title transferred, they will tell you the amount of sales tax owed. They no longer take your word for how much you paid for the vehicle, but they have a chart they go by to say how much the vehicle is worth in calculating sales tax.
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Old 08-22-2008, 04:29 PM   #8
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Quote:
Originally Posted by myquickZ06 View Post
Here in Calif. one of the most exspensive places to live, You're taxed on the purchase price, new or used. On private party sales, you are also taxed on the purchase price that you "report", get my drift?
...And the last time I checked there's no "Gift" tax either.
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Old 08-22-2008, 04:36 PM   #9
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...And the last time I checked there's no "Gift" tax either.
You're right. We "gave" our son my 3000GT as a gift. It only took him one year to pay it off.
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Old 08-22-2008, 05:28 PM   #10
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Originally Posted by BigButtLover View Post
Yes, when you go to get the title transferred, they will tell you the amount of sales tax owed. They no longer take your word for how much you paid for the vehicle, but they have a chart they go by to say how much the vehicle is worth in calculating sales tax.
Like this in MA. You pay the tax at the registry when you go to get the new title/plates. On private deals they look up the book value and go by that. Guess they don't trust us
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Old 08-22-2008, 06:53 PM   #11
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here in oregon (except portland and medford area) you pay no sales tax and don't need a smog report either..
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Old 08-22-2008, 07:04 PM   #12
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Quote:
Originally Posted by myquickZ06 View Post
Here in Calif. one of the most exspensive places to live, You're taxed on the purchase price, new or used. On private party sales, you are also taxed on the purchase price that you "report", get my drift?
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Old 08-22-2008, 07:12 PM   #13
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Quote:
Originally Posted by myquickZ06 View Post
Here in Calif. one of the most exspensive places to live, You're taxed on the purchase price, new or used. On private party sales, you are also taxed on the purchase price that you "report", get my drift?
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Old 08-22-2008, 07:36 PM   #14
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In California,

they f**k you when you buy the car,

they f**k you when you register the car,

they f**k you when you sell the car,

they f**k you when you use the car,

they f**k you when you smog the car,

they f**k you when you . . . well you get the idea!

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Old 08-22-2008, 08:24 PM   #15
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Quote:
Originally Posted by myquickZ06 View Post
Here in Calif. one of the most exspensive places to live, You're taxed on the purchase price, new or used. On private party sales, you are also taxed on the purchase price that you "report", get my drift?
Oh Yeah! saved over 1k
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Old 08-22-2008, 11:07 PM   #16
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In Florida you are also taxed on what you report, however you may later be asked for a notorized bill of sale or other proof if they determine from their "book" value that you under reported. In one previous purchase I produced $2500 worth of repair bills to cover engine damage repairs which is why I paid under "book" value. I heard nothing further from them.
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Old 08-22-2008, 11:37 PM   #17
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Since a lot of you guys are talking about your state and the sales tax between private parties in your states, I'll put in my 2-bits about Georgia. Years ago there was no tax when private parties were the ones involved in the sale of car. Later some governor got the clever idea to impose the tax and the Georgia General Assembly sent a bill to the Gov who signed it into law. But the Georgians that wear denim shirts cried foul and the law was later rescinded. So, between private parties we don't pay that tax; however, we get creamed every year with an Ad-Valorem tax on anything you buy a tag for. Recently a legislator wanted to remove that tax, but it didn't happen.
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Old 08-22-2008, 11:39 PM   #18
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Quote:
Originally Posted by BigButtLover View Post
Yes, when you go to get the title transferred, they will tell you the amount of sales tax owed. They no longer take your word for how much you paid for the vehicle, but they have a chart they go by to say how much the vehicle is worth in calculating sales tax.
California tried the blue book method many years ago, cars very GREATLY in value for the same vehical, and also I can choose to accept any offer I want. Its my property. Court threw out the book method, state had to refund over 37 million.$$$$$........Get a PO box in another state, and register there, I've done it many times
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Old 08-22-2008, 11:58 PM   #19
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Quote:
Originally Posted by Bailey15 View Post
Is there any difference in how the sales tax is calculated if you buy a used car from a private seller vs. a dealer. I'm in Texas and the sales tax is around 6.25%. I'm assuming with the dealer you pay the taxes to the dealer directly when you purchase but from a private seller I pay the taxes directly to the state based on the sales tax after I purchase the vehicle. Is this correct? Can anyone help me with this?


Texans who buy a used vehicle from anyone other than a licensed car dealer pay sales tax directly to the state upon registration of the vehicle.

The amount of sales tax is based not on the price paid for the vehicle, but rather on the Standard Presumptive Value.

The Standard Presumptive Value is determined by a national vehicle valuation guide that calculates prices based on Texas sales data.



Click the image to open in full size.


Source: Texas Department of Transportation

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Old 08-24-2008, 02:24 PM   #20
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Originally Posted by myquickZ06 View Post
Here in Calif. one of the most exspensive places to live, You're taxed on the purchase price, new or used. On private party sales, you are also taxed on the purchase price that you "report", get my drift?

That's why you pay with a cashiers check You know the one with that dollar amount ( What you paid ). What better proof.

I mean, in your best interest, you need to take a copy of that ck to DMV along with all you paperwork especially with the bill of sale, showing that amount.
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Old 08-24-2008, 02:24 PM
 
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