ilyaat

I never sold a car before, and I'm trying to figure out what extra expenses will I have if I want to sell my car and buy another one.

I will have to pay sales tax on the car I sell : 8.5% ???
I will have to pay sales tax on the car I buy: another 8.5%???
I will have to pay transfer fee at the DMV: $15 ??
I will have to pay registration: like 200-300 dollars??

Is that correct?

So that for example If a new car costs 10000, I will have to pay 11115?
and
if my car costs 10000, I will get 9150?

Someone who knows please help me out on this.

Lordrandall

iTrader: (4)

Whoever buys your car pays the sales tax
Yes, you have to pay sales tax on the car you buy.
Yup, there probably is a transfer fee along with your registration fee.

If you have AAA, do all the paperwork there, beats standing in line at the DMV.

NismoMax80

iTrader: (6)

West Coast Forums

TonysG

You don't have to pay the registration if the vehicle already has plates and is registered and the tags are up to date ie. you bought a car with tags that are good until November you would just pay the 15 dollars to do the transfer and then in November you would pay the Registration.

Tony