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When buying a car from the auction who pays the taxes on the car?
Wiki User
∙ 10y ago
The buyer.
Wiki User
∙ 10y ago
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Do you have to pay a fee to bid on a car at a government car auction?
The winner of the car does not pay a bid. the person who lists the car at auction pays a percentage of the sale for the right to list at auctions.
Do you need to bring any special paperwork if you am buying a car from a car auction?
you do not need to bring any special paperwork if you are buying a car from a car auction. the only proof you will need is the paperwork after to buy the car to get insurance and the titles switched in your name.
When you buy a used car in Illinois does the seller pay any taxes?
He pays income taxes. You pay sales taxes.
What are the disadvantages for purchasing a car through auction?
One of the disadvantages of purchasing or buying a car from the auctions is that you never know what you are getting. I mean by that how good of condition the car itself is under the hood. You only get a view on the outside of the vehicle. There are some advantages of buying a car from an auction as well.
A customer pays 1100 in state taxes on a newly purchased car What is the value of the car if states taxes are 8.9 of the value?
1100/.089=12,359.55
What are the main car auction companies in the UK?
Buying a car from an auction is a great idea. The best car auctions are in Bridgeport Ct.: Crazy Auto Auctions, Joe's Auctions, and New Car Auctions.
2 A customer pays 1100 in state taxes on a newly purchased car What is the value of the car if state taxes are 8.9 percent of the value?
1100/.089 or $12,360
What are the general prices at a car auction?
If you are unsure you'll probably save money buying from a new or used car dealership
Is it a bad idea to buy a car at a car auction?
The problem with car auctions is that you can't take the car out for a test drive. If you find a car very cheap and you know how to fix it, buying at a car auction may be worth while. Otherwise, it's probably not.
Do you still have to pay taxes Buying out your leased car?
Each state sets its own rules about sales taxes.
What required fees are associated with buying a used car from a dealership?
Required fees associated with buying a used car are sales taxes and a title fee.
What is the sales tax rate when selling of the car?
Sales taxes and ownership taxes are assessed by cities, counties, and states. Most often the taxes on a new or used car sale are based on where you currently live, not always on where you buy your car. Almost always, the buyer of the car pays the sales taxes, not the seller.
