Automotive Private Sale Taxes

» Site Navigation
Home Page The Villages Maps The Villages Activities The Villages Clubs The Villages Book Healthcare Rentals Real Estate Section Classified Section The Villages Directory Home Improvement Site Guidelines Advertising Info Register Now Video Tutorials Frequently Asked Questions
» Newsletter Signup
» Premium Tower
» Advertisements
» Trending News
» Tower Sponsors

» Premium Sponsors
» Banner Sponsors
» Advertisements
Closed Thread
Thread Tools
Old 02-13-2020, 06:28 AM
Stevieb1 Stevieb1 is offline
Junior Member
Join Date: Feb 2013
Posts: 5
Thanks: 3
Thanked 0 Times in 0 Posts

Is sales tax based on the purchase price written in the bill of sale or NADA book value of car? Thanks
Old 02-13-2020, 07:07 AM
Michael Charles
Posts: n/a

Originally Posted by Stevieb1 View Post
Is sales tax based on the purchase price written in the bill of sale or NADA book value of car? Thanks
I once bought a used car (for a price that was much lower than it's NADA book value) that price was listed on the bill of sale. The clerk then said the price listed was well under book value then proceeded to charge me tax on the NADA book value. I had no recourse the tax assessor said. People always try to get away with listing a lower selling price in order to pay less tax.
Old 02-13-2020, 09:30 PM
villagetinker's Avatar
villagetinker villagetinker is offline
Join Date: Sep 2013
Location: Village of Pinellas
Posts: 6,696
Thanks: 0
Thanked 1,529 Times in 652 Posts

You may also find that you cannot insure the car for a value ABOVE the sale price, had this happen to a friend back up North, ended up being a mess.
Pennsylvania, for 60+ years, most recently, Allentown, now TV.
Old 02-16-2020, 12:06 AM
Rich42 Rich42 is offline
Join Date: May 2007
Posts: 73
Thanks: 2
Thanked 68 Times in 28 Posts

Hello! Ever think of calling motor vehicle and asking.
Closed Thread

automotive, sale, taxes, private, amount

Thread Tools

You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 11:54 PM.