Thread: SB100 Question
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Old 03-07-2014, 10:11 AM
lippy lippy is offline
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Quote:
Originally Posted by redd View Post
if you purchase a car that has not been register and its less then the original built price and the only paperwork show the mso and engine price and install cost you then take the paperwork to the dmv wont they charge you tax and license on that amount not what you paid for the car? the car is being sold for 25k less then the purchase price. thanks
If I'm understanding correctly, you will be charged tax and registration based on your purchase price, not a previous one (even if it's higher). They will subtract tax you already paid on your tax owed, so you won't be double taxed.
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