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State Sales Tax

Old Jun 17, 2005 | 03:30 PM
  #1  
Wideglide2K's Avatar
Wideglide2K
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Default State Sales Tax

Do you have to pay state sales tax on New truck rebates. I know when I bought my 05 I did not have to. Someone at work here states you have to.
 
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Old Jun 17, 2005 | 10:35 PM
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frogslinger
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From: Dyess, TX
Default RE: State Sales Tax

In most states you pay taxes on the sale price of the vehicle less the trade in (on the theory that you have already paid tax on your trade). It depends if the dealership puts the rebate in as a discount or as cash down. in the first case no, in the second case yes (actually you do not pay tax o the rebate in either case, but you do pay the tax on the part of the car the rebate pays for).
 
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