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So if you're buying a car worth $30,000 and your trade-in is worth $20,000, you'd be charged taxes only on the $10,000 difference between your new vehicle and your old one.
If you're in the market for buying a used car, heed this advice: never purchase one until you know its full history. ... 3 Ways Smart People Save Money When Filing Their Taxes. 10 Best Free VIN ...
For example, if your state charges a combined 10 percent in state and local taxes, and you buy a $40,000 car, you can expect to pay $4000 in taxes. If you have a trade-in worth $10,000, you can ...
CarGurus shares answers to the most important questions about taxes when buying and selling a car.
Not only do car owners in Washington pay a higher state sales tax, but gas prices are also much higher than in other parts of the country. A 6.5% sales tax adds around $3,136 to the first year of ...
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Shopping for a car at a dealership can feel overwhelming and exhausting. The haggling, the upselling and the pressure to buy can make the experience far from enjoyable. Learn More: Car Experts Say
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