Purchase Can-Am from private seller. Can seller declare $1000 to safe buyer sales tax

[ARtraveler]

Our experience with AR and four license plates. One car, two Spyders, and one Kawi vulcan.

We paid a total of $96 for the four title transfers, and new plates. However...they are going to hit us with personal property tax for them in January. (They are one year behind on all taxes). Time will tell how that one works out.

 

[cattleshow]

Yes. And they make up the tax on registration fees, which are based on the MSRP of your vehicle with an annual depreciation formula.

A few years ago while living in Utah I bought an old non-running bike (1963 Matchless) and wrote down the sale price of $500. When I registered it they gave me some serious stink-eye over the price but they processed the title.

Wow, My first bike was a 1957 Matchless in 1964. I still remember that bike well with its compression release. It was a 500 cc single cylinder. Called it a thumper. it was hard to find parts then,you may have trouble restoring it. A very neat machine. One doesant here that brand anymore. Enjoy PS,read you on the Ryker forum.

 

[RICZ]

Oregon has no sales tax, but there is income tax and dozens of other ways to get into our wallets. Vehicle registration is a flat fee for all and based on what the vehicle is, not what it's worth.
Stores and shopping centers along the northern border have parking lots full of cars with Washington license plates. No income tax and they take advantage of Oregon having no sales tax, the merchants love this and so does the Oregon economy.

 

[pegasus1300]

Yes. And they make up the tax on registration fees, which are based on the MSRP of your vehicle with an annual depreciation formula.

A few years ago while living in Utah I bought an old non-running bike (1963 Matchless) and wrote down the sale price of $500. When I registered it they gave me some serious stink-eye over the price but they processed the title.

Wow, My first bike was a 1957 Matchless in 1964. I still remember that bike well with its compression release. It was a 500 cc single cylinder. Called it a thumper. it was hard to find parts then,you may have trouble restoring it. A very neat machine. One doesant here that brand anymore. Enjoy PS,read you on the Ryker forum.

My first bike was 1956 AJS 500 Thumper also (Norton, AJS, Matchless were all part of the AMC group) . After learning to start that thing kicking anything else over never bothered me again.

 

[AVBIZ]

In Georgia they utilize NADA guides to compare your Bill of Sale price against.

 

[krakum1967]

Dont do it. I did this once in the state on ND, and the state wanted to pursue fraud charges unless I agreed to pay the tax on blue book value of a 6000 dollar vehicle once. And in the state of Colorado, the Revenue Police have taken over, and they will gank a brother in a New York Minute if you try to screw them. I would not do that if I were them. Trust me. Cause once I did it in the State of ND, every vehicle transfer I conducted for 10 years was questioned from that point on too.

 

[krakum1967]

I used to deal bikes back in the day, and yep, I took advantage of loose registration policies and policing back in the day too, you cant get away with it anymore. Besides, its bad kharma....

 

[gkamer]

In Californication where I live now they tax over and over and over and then again!

That's because the states going broke.

 

[gkamer]

You all ought to come to Arizona..... But not in the summer. It's 112F now and too hot to do much riding this time of year. But private sales between two people are not taxed by the state. Arizona gets it's bite out of the apple when a vehicle is sold new or sold used by a licensed dealer. Even if a used vehicle is sold by an out of state dealer, Arizona will collect sales tax at the time of registration. So the only time we're taxed here on a used vehicle is when there is a dealer involved..... Jim

Now that's a state I can live in.