What is the sales tax on a used RV licensed in Minnesota involving a private sale
If you buy a used car from a private party, you pay no sales tax, although you are legally supposed to report it. If you buy a used car from a dealer, you will pay sales tax.
No ... there is no sales tax on private person to person sales on used cars. Buying from a dealer may be a different story.
yes 5% or $300 max
Yes you do.
In most states there is no legal recourse when you buy a used vehicle from a private party. This is true in California, for instance. Private parties are not required to offer any kind of warranty on used vehicles.
NO. But you will pay sales tax when you tag and transfer title. Based on the value of car... not the actual sales price
I Dont Belive There Is One. Most private party purchases are purchased the way they are unless you have a document saying otherwise.
zero percent if bought from private party. %8 if from dealer or business.
Nevada residents do not pay sales tax on privately purchased used cars when purchased in NV. However, I can find nothing at the DMV site that describes an out of state private purchase scenario, so you will have to call the DMV in NV to get them to clarify it.
No you do not. Sales tax is what businesses use to pay to the state. It's the "state's share" on a taxable item. A private party seller is not a business, so legally they cannot charge a sales tax. For example they cannot sell a car for $2,000 plus tax. However, you WILL have to pay a use tax when you go to the DMV to register your vehicle. The use tax is basically the same exact rate as sales tax. The state will tax you anyway they can.
No, but use tax will apply. What is use tax and how is it calculated?