- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Paying taxes on new vehicle purchased out of state
Posted on 8/31/15 at 2:25 pm
Posted on 8/31/15 at 2:25 pm
I'm trading something in and I have to register it and pay taxes in LA after I receive the new vehicle. Does the DMV only tax me on the negotiated price of the car minus the trade value?
1
Posted on 8/31/15 at 2:26 pm to meeple
yes
Posted on 8/31/15 at 2:27 pm to yellowfin
I've heard of someone using KBB to determine the amount of taxes that should be paid. Is this the case only when re-registering a current vehicle, or purchasing a used vehicle?
This post was edited on 8/31/15 at 2:28 pm
Posted on 8/31/15 at 2:55 pm to meeple
when registering a vehicle that you already owned
used goes by purchase price
used goes by purchase price
Posted on 9/2/15 at 8:58 am to yellowfin
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)
Example.
Value: 30k
Trade: 15k
Diff: 15k
Taxes: 1.5k (10% on 15k)
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News