Dave Lee

As a retailer, the dealer probably isn't required to pay it, just report
what the vehicle is sold for so that tax can be assessed on the end
purchaser.
<sceptimus_smith@yahoo.com> wrote in message
news:1138397058.353211.199130@g43g2000cwa.googlegroups.com...
>
> Rodan wrote:
>> SWS <sceptimus_smith@yahoo.com> wrote:
>>
>> Does anyone have a way to tell what the dealer paid
>> for a used vehicle? ....would a title search on a car
>> through the state DMV indicate the purchase price?
>> _____________________________________________
>>
>> The price a dealer pays for a used car is not reported
>> to the DMV. The only way to know that price is to
>> have access to the dealer's accounting records.
>>
>> Rodan.
>
> If the price a dealer pays to buy a car (like in a trade-in deal or
> just outright purchase) isn't reported to the DMV, how does the state
> know how much sales tax to charge the dealer for the sale?
>

 

Rodan

Does anyone have a way to tell what the dealer paid
for a used vehicle? ....would a title search on a car
through the state DMV indicate the purchase price? SWS.
____________________________________________________

The price a dealer pays for a used car is not reported
to the DMV. The only way to know that price is to
have access to the dealer's accounting records. Rodan.
____________________________________________________

If the price a dealer pays to buy a car isn't reported to
the DMV, how does the state know how much sales tax
to charge the dealer for the sale? SWS.
___________________________________________________

The State charges the dealer no sales tax. Sales tax is
collected for retail sales only , and charged only to the
end-purchaser, the retail buyer.

A vendor's purchase of stock-in-trade (a car in this case) for
later resale to a retail buyer is not subject to sales tax.

Rodan.
___________________________________________________

sceptimus_smith@yahoo.com

351CJ wrote:
> <sceptimus_smith@yahoo.com> wrote in message
> news:1138397058.353211.199130@g43g2000cwa.googlegroups.com...
> >
> > Rodan wrote:
> >> SWS <sceptimus_smith@yahoo.com> wrote:
> >>
> >> Does anyone have a way to tell what the dealer paid
> >> for a used vehicle? ....would a title search on a car
> >> through the state DMV indicate the purchase price?
> >> _____________________________________________
> >>
> >> The price a dealer pays for a used car is not reported
> >> to the DMV. The only way to know that price is to
> >> have access to the dealer's accounting records.
> >>
> >> Rodan.
> >
> > If the price a dealer pays to buy a car (like in a trade-in deal or
> > just outright purchase) isn't reported to the DMV, how does the state
> > know how much sales tax to charge the dealer for the sale?
> >
>
> Some states don't charge tax, like mine, so here it is an absolute non
> issue.
>
> Besides if your state does, that still in no way makes that information
> "public information", or even proves any connection to the true dollar value
> paid verses that value which was reported.
>
> The only true way to know how much any given car dealer paid for any given
> used car is to be privy to the details of that particular transaction.

Weird. I've lived in five different states. In all five states, I've
bought and sold cars person to person......in EVERY case, it was a
requirement to list the selling price on the title so the state knew
what to charge they buyer for sales tax...if someone tried to be sneaky
and say they sold a late-model car for a hundred bucks or something
like that, the state would simply charge tax on the average value of
the vehicle. I guess auto dealerships must have it in good with their
state reps if they aren't paying taxes on the cars they buy. Meanwhile,
the average joe car buyer continues to get screwed.....