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sales tax is different than excise tax
Posted by AeroEd [Email] (more from AeroEd) on Thu, 5 Mar 2015 18:55:19
In Reply to: Maybe in your state, not in Ohio., Norm9-5, Thu, 5 Mar 2015 10:12:03
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Maybe OH doesn't have an excise tax as part of annual registration like IN or wherever Tim is. Here, it's not exactly a strict % of MSRP, but rather MSRP ranges correspond to different Classes. A particular class has an excise tax, where higher classes are (naturally) higher excise taxes, with the amounts decreasing as the car ages. So excise tax is a function of class and age.
I'm pretty sure that here in IN trade-in's also reduce the sales tax of purchase, and I would expect that to hold true in any state that charges sales tax on car purchases.
Ed
2007 9-5 Aero SC [60th]
2004 9-3 Aero
2005 9-5 Aero
2005 9-5 Arc
2002 9-5 Aero SW (my 1st SAAB, bought new, but taken out by Bambi)
1999 9-5 SE(6) SW (brief interim between the '02 and the '07)
1999 9-5 SE(4) (taken out by daughter on icy road)
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, Sat, 28 Feb 2015 18:17:16 - Re: Optima moves, Regal sits - why?, dtechakacheaptech, Fri, 27 Feb 2015 15:05:20
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, Thu, 26 Feb 2015 17:29:35- Re: My guess......, EGD
, Mon, 2 Mar 2015 16:56:10- Nothing like paying $2/hour for luxury car assemblers, MI-Roger
, Tue, 3 Mar 2015 17:49:36- Re: Nothing like paying $2/hour for luxury car assemblers, EGD
, Wed, 4 Mar 2015 14:57:28 - Stereotypes, Steve T, Wed, 4 Mar 2015 09:43:50
- Re: Nothing like paying $2/hour for luxury car assemblers, dtechakacheaptech, Wed, 4 Mar 2015 06:47:36
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- Re: My guess......, A1-turbo, Fri, 27 Feb 2015 06:08:28
- Regal sales are up 4,000 units over last year., Norm9-5, Thu, 26 Feb 2015 19:07:12
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