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Tax and other fees on used vehicle
Posted on 1/21/14 at 5:38 pm
Posted on 1/21/14 at 5:38 pm
I'm looking at buying a used truck for 25k and I have a savings account specifically for this with about 15k in it. I'm going to have to finance the rest but I'm not sure how much I should hold back for tax and other fees, can anyone help?
Posted on 1/21/14 at 6:05 pm to LSUDUKE
$200 is plenty for tax title and license. Taxes are whatever rate you pay where you live. If you live in a town of any size it will be close to 10%
Posted on 1/21/14 at 6:40 pm to agdoctor
Are you purchasing from individual or dealer?
Posted on 1/21/14 at 6:44 pm to nogoodjr
I'd be purchasing from an individual, I've always bought from dealerships before but I'm guessing I'd just pay taxes to the DMV?
Posted on 1/21/14 at 8:27 pm to LSUDUKE
when you go to DMV to get license all the fees and taxes will be collected there
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