|
03-08-2008, 11:30 PM | #1 |
I'm home take me drunk
Join Date: Mar 2008
Location: Champaign, IL
Moto: 2005 SV650s blue
Posts: 430
|
Sales Tax
If i buy a bike at a dealer in Indiana, since I'm out of state, they won't charge sales tax.
So when do I pay sales tax, and how much? or is it like when u buy things online and they ship from another state, u don't pay sales tax? |
03-08-2008, 11:43 PM | #2 |
Let's do another U-turn
Join Date: Feb 2008
Location: Indiana
Moto: 2009 V-Strom
Posts: 3,816
|
You'll pay sales tax when you register the bike in your state.
|
03-09-2008, 12:00 AM | #3 |
I'm home take me drunk
Join Date: Mar 2008
Location: Champaign, IL
Moto: 2005 SV650s blue
Posts: 430
|
okay thats what I figured. but a friend of mine paid only $25 in sales tax, although she bought from a private seller. do they charge you full sales tax (6%) if you buy from a dealer and a smaller value if its private seller?
Okay I think i figured it out... it basically means that I pay 6.25% if I buy from a dealer (which is like $250), or $25 if I buy from an individual. that BLOWS donkey balls. Last edited by Crazy; 03-09-2008 at 12:14 AM.. |
03-09-2008, 12:37 AM | #4 | |
Let's do another U-turn
Join Date: Feb 2008
Location: Indiana
Moto: 2009 V-Strom
Posts: 3,816
|
Quote:
|
|
03-09-2008, 12:51 AM | #5 |
I'm home take me drunk
Join Date: Mar 2008
Location: Champaign, IL
Moto: 2005 SV650s blue
Posts: 430
|
nope... i checked the documentation myself and it actually says its just a flat $25 for a private seller if its a motorcycle
http://www.revenue.state.il.us/Publi...ales/STS76.PDF (page 20, bottom right) well that kinda sucks cuz the bike i wanted is at a dealer. not a complete deal breaker.... |
03-09-2008, 12:59 AM | #6 | |
Let's do another U-turn
Join Date: Feb 2008
Location: Indiana
Moto: 2009 V-Strom
Posts: 3,816
|
Quote:
|
|
Bookmarks |
Thread Tools | |
Display Modes | |
|
|