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re: Used Car Purchase Fees

Posted on 8/20/14 at 8:21 am to
Posted by Chris4x4gill2
North Alabama
Member since Nov 2008
3092 posts
Posted on 8/20/14 at 8:21 am to
yes. Buying from an individual, all you pay him is the purchase price. Then you will have to pay the sales tax based on the bill of sale purchase price, taxes and title at the courthouse when you go to get your registration.
Posted by Coach Guidry
Member since Nov 2007
2333 posts
Posted on 8/20/14 at 8:57 am to
quote:

Coach, so a person buying a used but low mileage, almost new vehicle from an individual will not have to pay the individual taxes but will have to pay it at the DMV?


Correct. The individual you are buying it from is not an institute that can accept taxes. You will pay taxes on the book value set by the DMV.
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