What is the sales tax in NM on a used car purchased in Texas
It is collected by the Motor Vehicle Dept along with registration, title and other fees. it makes no difference where you purchase it.
What is the new car sales tax in new mexico?
No, the buyers remorse law does not apply to the purchase of a new or used vehicle.
5.125
Texas.
You will pay New Mexico sales tax.No. !, you will title it and purchase license plates in New Mexico and before you can do that that want to see a bill of sale showing sales tax.Seeing no tax paid you will pay then.
You generally pay sales tax to the dealer in the new case of a new car or to the DMV when you register in the case of a used car.
The used sales tax for the state of Alabama on a used car is the same as a new car. 2.0% is the state sales tax. There is also city and county sales tax. This varies from each city and county.
A used car can be returned the day after it is purchased in New Mexico if the dealer offers this advantage. Lemon Laws exist in New Mexico and a defective car can be returned the day after it is purchased with no problems.
no
My wife went through this today. We purchased the car in New Mexico and paid sales tax there. We are not in California and she went to register her car and was charged almost $1500.00. They claimed that this was the difference between the sales tax paid in New Mexico and what she would have paid in California. Also, they would not accept payments and would not accept credit card. It had to be paid cash, up front. So your answer is YES. At the same time, why is California 10% higher than New Mexico?
7 %
BMW car dealers do generally offer cars for sale though they are required to have a wholly separate area for their used car sales than for new car sales.