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The used car sales tax is the state’s tax rate (7.25%) plus the city’s rate (2.25%), for a total of 9.5%. If you spend $20,000 on a used car, you’re paying $1,900 in sales tax.
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 ...
Sales tax on large purchases, like a car, is crucial to factor into the price. Depending on where you live and the price of your car, sales tax can cost you thousands of dollars. But did you know ...
When it comes to buying and selling a car, cutting out the middleman has plenty of perks. Buying a car from a private seller will usually result in a lower price tag.
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 ...
In September 2024, the average price of a new car was $48,397, slightly lower than the 2023 average yet $11,000 higher than the 2019 average. Even with higher prices, savvy car consumers can score...
The True Cost of Buying a Car. Next to buying a house, buying a car is likely one of the biggest purchases you'll make in your lifetime. And if you want a quality vehicle that isn't going to break ...
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