I just bought a car yesterday. Today I lost my job and need to sell the car right away I haven't paid taxes on the purchase yet. If I were to sell it right away, will I have to pay taxes? is there a way to avoid paying these taxes if I plan to sell right away??
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nope you bought the car and you have to pay taxes so add the taxes that you have to pay to the selling price.
No...You will have to pay taxes. Anytime you purchase a vehicle you have to pay tax on it. Even if you sold it to somebody else, you would not have a title in your name since you haven't paid tax yet. There is no way around it. The state knows from dealer reports and bank reports when a car is purchased. Those entities report to the state the date of sale and lien info. If you try to sell it to somebody else and not tell them about the tax due, the state will flag it and you will get caught.
I hope this helps....I also hope you will find a job soon and that this problem will go away for you.
you're purely screwed. you purchased a fifteen-3 hundred and sixty 5 days previous used vehicle with out guarantee in "as is" condition. you probably did the awesome component by getting a Carfax and having a mechanic evaluate it ahead of paying for it. it fairly is all you have performed to shelter your self. The broking does not ought to do something to help you out, and in all probability does not on a $3500 vehicle.
if you sale it now and don't register the car no you don't have to pay taxes
That sucks