Search results
Results from the WOW.Com Content Network
However, rules about where the car or battery comes from don’t apply to used vehicles. Used car buyers can receive a tax credit of $4,000 or 30% of the sale price of the vehicle, whichever is lower.
The tax credit will only be given to the original purchaser of the vehicle, and not to a secondhand owner. If the vehicle is being lease, the tax credit can be claimed by the leasing company alone. The vehicle must be used mostly in the United States. The vehicle must be placed in service by the taxpayer by 2010 or later.
Steps to buying a car from a private seller. Buying a used car from a private seller may be more complicated than purchasing a certified pre-owned used vehicle from a dealership. Although both ...
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers, rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
Step No. 1, when buying a used car, is the same as the starting point for buying a new car — or buying anything, for that matter: Find out what you can afford. That includes the cost of the car ...
Motor vehicle registration is the registration of a motor vehicle with a government authority, either compulsory or otherwise. The purpose of motor vehicle registration is to establish a link between a vehicle and an owner or user of the vehicle. While almost all motor vehicles are uniquely identified by a vehicle identification number, only ...
Vehicle registration plates (commonly referred to as "number plates" in British English) are the alphanumeric plates used to display the registration mark of a vehicle, and have existed in the United Kingdom since 1904. It is compulsory for motor vehicles used on public roads to display vehicle registration plates, with the exception of ...
The Internal Revenue Service ( IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue ...