I have a problem…

[ChrisW]

Yep...best thing to do is get financing at a local credit union, they will deposit the funds in your account, and then you can pay the dealer outright for it.

But, personally, I would also find a different dealer.

I have checked with B of A (my bank) and they no longer loan on bikes, I checked with both local credit unions and AEA and the Navy and both wanted over 7.9 for a bike loan, cars are much lower.

 

[Frank G]

In order to complete the loan, Sheffield or any other financial institution needs a "Clean Title", with the financial institution listed as the lean holder. In order for any state to issue the title the state sales tax needs to be paid. Nothing out of the ordinary going on here, you just need to know what state it will be titled in. This is the hassle of buying out of state with someone else's money. jmho

 

[ChrisW]

In order to complete the loan, Sheffield or any other financial institution needs a "Clean Title", with the financial institution listed as the lean holder. In order for any state to issue the title the state sales tax needs to be paid. Nothing out of the ordinary going on here, you just need to know what state it will be titled in. This is the hassle of buying out of state with someone else's money. jmho

I know what state AZ. buy in TX. have done this before and no big deel untell now. I am ok with the tax in the state that i get it from just don't want to reg in that state and then coming home and doing it all over it gets to be big $$$$$$$ and very dumb

 

[Gray Ghost]

Having spent most of my time in the military I have done the buying out of state several times. You are usually better off paying the state tax in your state of residence, the selling state does not collect tax in that instance. If you pay tax in the selling state you will typically have to pay any difference in tax once you get to your home state. Some states will charge a fee to bring in an out of state vehicle on top of regular registration and license. Texas, for example, charges $90.

 

[Frank G]

I know what state AZ. buy in TX. have done this before and no big deel untell now. I am ok with the tax in the state that i get it from just don't want to reg in that state and then coming home and doing it all over it gets to be big $$$$$$$ and very dumb

The point I am trying to make is Sheffield is not going to release the money to the dealer until they can get a title showing them as the lean holder. Whatever it takes to accomplish that. I understand your concerns, but I do not know how Texas and Arizona interacts.

 

[Jeriatric]

Chris,

I purchased my trailer (RT 622) in Az. Paid an astounding 10% sales tax, plus a temp license(plate) fee. Upon regesitering it in Cal and providing proof of sales tax being paid. There were no additional charges, outside of registration.

Buyer be ware. Check with your DMV.

Good luck. Whatever you decide to do.

 

[DJFaninTN]

we purchased in Alabama and we live in TN. we did not pay the state tax in Alabama because we are not a resident.

btw … if you are AAA member … they do finance. I think our rate was 2.9%.

 

[WaltH]

By paying the tax in the State you purchase it exempts you from paying in the State you reside.I bought in Michigan and had to pay their tax.When I got back to Florida all I had to pY was tag registration.Some states charge you and it sounds like Texas does.

ivor

I have done this several times. Michigan and Florida have a reciprocity agreement. Michigan sends the tax it collects from you to Florida.

 

[Deanna777]

When I bought my 2012RTS-SE5, I went thru a Credit Union( VT. Federal Credit Union) they gave me a 7% Annual Rate With money down for 7 years.

I would try going to your local credit union. Deannan777

 

[retread]

I bought my '08 in Michigan, no taxes there, my '12 in Missouri, no taxes there. In both cases the taxes were paid in Indiana, where they were registered.

john

 

[Cruzr Joe]

I bought mine in Missouri, paid no tax or lic. in Missouri

Paid tax & lic in home state of Arkansas

Besides ...................... the finance company has no say in where you pay your taxes.

Was looking to buy one in Fl, but would have had to pay FL and AR sales tax, told them Thanks but no Thanks.

Cruzr Joe

 

[NancysToy]

Just look at the itemized price and do the math. An OTD price would include tax, license, and title fees, as well as any additional dealer fees. If these are all listed, and the difference equals the differences in the license and title fees from state to state, you are not getting hosed. If they do not add up, you are getting conned. If they are not listed, it was not an OTD price. If they won't put it in writing, run the other way.

 

[stevedfive]

According to a friend who works at CA DMV says: The reciprocity agreement that most states have agreed too, is selling dealer will collect sales tax and license/registration fees for the state that the buyer resides in, at the time of purchase. He says you do not pay any Texas sales tax or license/registration fees. I guess Sheffield has decided to insure you pay all required taxes and fees at the time of purchase. It is their money, so I guess they can.

 

[ChrisW]

According to a friend who works at CA DMV says: The reciprocity agreement that most states have agreed too, is selling dealer will collect sales tax and license/registration fees for the state that the buyer resides in, at the time of purchase. He says you do not pay any Texas sales tax or license/registration fees. I guess Sheffield has decided to insure you pay all required taxes and fees at the time of purchase. It is their money, so I guess they can.

But I was told it was for Texas and not AZ and the numbers did not add up they were very dif from the two states

 

[stevedfive]

Whatever the mixup, it is a good thing you found out before you arrived in Texas. If it was me, I would simplify my life and buy locally from Desert Dog in AZ or nearby state, and get to ryding.

 

[Red angel]

I have purchased two 2011 in Las Vegas and registered in Washington. I did not pay any sales tax or registration to Nevada but paid both to Washington. The dealer gave me temporary plate until I reached Washington where they did not charge sales tax on the entire purchase only the amount above the trade in value In fact, we are trading them for 2014's and the State of Washington is allowing me to pay sales tax and registration by Fax and sending them a check. They give you 30 days to handle the matter. The latest purchase is being done from a different dealer than the first purchase. Suggest you check with a local Credit Union as the one I belong to is giving 1.45 in California. So I have three states involved in the transaction without any problem.

 

[AZLife]

I have checked with B of A (my bank) and they no longer loan on bikes, I checked with both local credit unions and AEA and the Navy and both wanted over 7.9 for a bike loan, cars are much lower.

Chris, check out Canyon State CU in Phoenix area. Back in September I did a 6 year for only 3.5%. Now it's even cheaper.

 

[Empty Pockets]

Live in Colorado bought my spyder in Phoenix Arizona. Paid the sales tax for Arizona licensed it in Colorado. Showed Colorado the paperwork that I had paid taxes in Arizona I was only charge the difference

 

[Tx web rider]

taxes out of state

I purchased my spyder from a dealer I Illinois and had to pay taxes there that were higher than the tax rate in texas and could not get the overage back from Illinois

but yes this sucks

 

[Questions]

Wait for Sheffield to come back from snow days before making purchase I've felt with them and never had a problem after Two RT's


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