Can You Sell Your Car Without Paying Taxes?
When it comes to selling a car in the US, most owners don’t think too much about the tax. Why? There’s a couple of reasons for this. Depending on the state of your car, most car owners will trade an old car in when buying a new one. The value of their existing car is used against the purchase of a new car. Conversations about tax simple don’t come into the sales negotiation. Sell The Car USA have given us some tips Not only that, many motorists in the US, having little or no experience of taxation when selling their car, don’t really consider any tax implications when they come to sell their car. For anyone pondering how tax factors into selling a car, here’s the scoop. Keep reading below – you may just come across some information that you weren’t aware of – or had expected to see! Can You Sell a Car Without Tax? So, you list your car privately, find a buyer and agree on a sale. Simple, right? You’ve negotiated a price that you and the buyer a...