Posts Tagged ‘Car New’

Chris asked:


I recently totaled my Lexus LX470 (other driver at fault) and am waiting for insurance to check out the vehicle (not declared totaled yet, but very clear that it is). My car had an agreed upon value of $26,000 and I am going to soon buy a new car. When I purchase the new car, will I have to pay sales tax, title fees, etc? Is the sales tax that I have to pay assumed to be included in my $26000 settlement or will I have to later seek reimbursement for my title, tax, and licensing? I live in Pennsylvania, insurance is Chubb.
Thanks in advance,
Chris

happycookinggirl asked:


we want to sell our car in new york city as one private entity to another private individual. the NYS DMV website states that the seller must remove the plates from the vehicle before handing the car over to the new buyer, in order to return the plates to the DMV. we will be signing the title over to the new buyer, but still – how does the new buyer drive away legally without any plates on the car?

applecore2008 asked:

I am looking for some kind of website that has a community for car sales. I am new to the business and would like to bounce ideas and interact with people who have more experience. Also anyone know if there is a payoff directory of some sort online for banks ?

JV asked:


I am a Internet/Fleet maager at a car dealership in Oakland and have been doing it for abour 4 years. I understand why there is a bad reputation for car sales people but the new generation of sales people are reall good. We are trying to go above and beyond to over come the stigma. I know that there a are a few bad apples in the business but over the years they are disapearing. I am completley honest with my customers and provide a clear channel of comunication. But some times that back fires on me. some people just like the grind. they like to beat me up for hours no matter what. It makes it not worth doing business. they beat me up for four hours and leave me no porfit. I rather give the the same deal form the beggining but no one ever goes for the first price. I gues what I am trying to find out from you guys is how I can sell the car to you, Save you and me time, Have an enjoyable transaction, and still make a small but fair profit.Do I reall have to go through all bs.

Lower taxes!!! asked:


I bought a new car last year. What tax form do I need and on what line do I write the total amount of sales tax I paid? Do I add the state and county tax together? I live in IL.

Viv asked:


If sales taxes had already been paid when the car was new, do they need to be paid again? I know on used car sales between private parties no sales tax is assessed, but how about on a used car purchase from a dealership, i.e. Nissan, Ford, etc..

I have seen sales tax returns for car sales, and to my understanding, resale/wholesale is non-taxable, for sales tax purposes.

Thanks in advance for your help.
AND WHY DOES THIS APPLY FOR DEALERSHIPS???

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