Tax on Used Vehicle

Negative. BOS on finalized deal is what bank will present to OMV. Uncle Sam getting his money brotha

I think most states base the tax on the vehicle book value versus the sales amount.

On a side note, I bought a vehicle a couple of years ago and ended up legally not paying any sales taxes. It was a bit of a loophole I accidentally discovered. I bought a car in unnamed state and paid cash. I told the dealer that I wasn't sure where I wanted to register it, so not to charge me sales tax. I own a residence in another state, so was considering tagging it there. If I ended up registering it in the state of purchase, I would just pay the sales tax then. It took the dealership a couple of months to send the title, so I drove it a couple of months without it being registered anywhere.

My plan was to drive the car a year and then give it to my son when he graduated from college. About the time I received the title, my daughter tells me that we should help out her brother getting his car repaired, being as it now would not drive over 30 mph. That changed things a bit on the timing to replace my son's 300,000 mile college vehicle (2003 Tahoe) I took the unregistered title to my son's state of residence (Alabama), signed the back to give to my son and filled out a gift form. For a gift, Alabama only charged a couple of hundred dollars to tag and register. They said there was no way for them to collect sales tax on it. I avoided about $1,400 in sales tax accidentally.

The owner/operator of this establishment also indicated she recently bought a used vehicle herself for $XX,000 but the seller agreed to write the BOS for $X,000.

That's called a "disguised donation", and I wouldn't want to be in that notary's shoes if someone found out.