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Congress added a provision in the stimulus bill allowing people to write off sales tax for new car purchases. Does this also apply for used car purchases?

Right now im at fort lee,va getting ready to finish ait for my mos 92y unit supply specialist and im getting stationed at Ft.Irwin,Ca ohkay

i was planning on getting me a used car when i get out there but my home state is Arkansas so how does this work do i register it in Cali or Arkansas?
And also do i pay Arkansas sales tax on the car or do i have to pay California sales tax?

I want to purchase a used car from a dealership for ,000 in cash, but how much sales tax will I have to pay in addition to the price, in TN by the way. How is it calculated? Tax and tags, …I’m so confused?!

It is a very silly move if you attend a government car auction with the intention to bid and purchase. There is a possibility that you will end up paying more than what the car is worth, have a problematic car or have problems financing the car. So before you head to an auction all ready to start bidding, here is a list of things that you need to check and know first:

• Know what car you want

This includes knowing the price range of it so that you wouldn’t keep bidding even when the price goes over the range. Besides, at an auction, you shouldn’t even be paying almost the same price that people pay to used car dealers. It should be quite far less than that. To have an idea of how much people usually pay at car auctions, search for a list of winning bids online.

• Know what you are expected to pay

The final sale price of the car sometimes includes other fees, depending on whom the auction was organised by. If it is a government auction, then there will not be any charges or fees. However, if the auction was conducted by an auction house, then it is likely that there are fees that the buyer has to bear. A norm is that the sale price is made up of the amount of the bid, 11% buyers premium, smog fee and documentation fee. There is also sales tax where the rates differ by the region where the car will be registered, and Division of Motor Vehicles (DMV). With this in mind, you wouldn’t be surprised when asked to fork out at least of 15% more of the car price.

• Know your financial situation

You need to check how much you have for a down payment and are willing to spend. Prior to attending an auction, find out if your financial situation allows you to apply for a loan. You can speak to a financial institution and they will also advise you on the procedures and the documents to bring along for the auction.

• Know what happens in an auction

You can attend one just to have a look at what happens. This makes you better prepared for the next one, especially if you are going to bid for a vehicle. Simply look it up online to see people’s experiences on an auction.

By being better prepared, you are also more likely to win a bid at a car auction.

I just recently bought a used car on May 31, 2008 from a used car dealership where I live. I understand that I have to pay sales tax which is 7-8% in my area, get new plates, tags, etc. I have already updated my insurance and am awaiting the Title in my name. How long do I have until I have to pay the sales tax?

Thanks!

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