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re: Paying taxes on new vehicle purchased out of state

Posted on 9/2/15 at 8:58 am to
Posted by Jblac15
Member since Mar 2011
687 posts
Posted on 9/2/15 at 8:58 am to
I just bought a truck out of state and was charged taxes on the vehicle price minus my trade value.

Example.

Value: 30k
Trade: 15k
Diff: 15k
Taxes: 1.5k (10% on 15k)

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