Quote:
Originally Posted by rumatt
Yeah but used cars cans fill be expensive. The tax in the cayman was $4,999.
BTW, how is this not double taxation? And how the fuck did dealerships get a loophole that it doesn't count if you sell to them?
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Not sure which part you're pointing to as double taxation.
Some states only charge buyers tax based on the difference between trade and new (to buyer) purchase. I think the reasoning is that they paid tax on the original vehicle with the argument that it should only apply at the dealer, as opposed to parlaying proceeds from a private sale to another vehicle purchase, is that the state can easily verify the transactions and their dollar amounts at dealerships and not in private sales. Definitely a benefit to the dealer, but how did they do it? Dealerships spend a lot on lobbying at the state and local level.