03-08-2008, 10:30 PM | #1 |
I'm home take me drunk
Join Date: Mar 2008
Location: Champaign, IL
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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, 10:43 PM | #2 |
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Join Date: Feb 2008
Location: Indiana
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You'll pay sales tax when you register the bike in your state.
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03-08-2008, 11:00 PM | #3 |
I'm home take me drunk
Join Date: Mar 2008
Location: Champaign, IL
Moto: 2005 SV650s blue
Posts: 430
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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; 03-08-2008 at 11:14 PM.. |
03-08-2008, 11:37 PM | #4 | |
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03-08-2008, 11:51 PM | #5 |
I'm home take me drunk
Join Date: Mar 2008
Location: Champaign, IL
Moto: 2005 SV650s blue
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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.... |
03-08-2008, 11:59 PM | #6 | |
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03-09-2008, 12:29 AM | #7 |
I'm home take me drunk
Join Date: Mar 2008
Location: Champaign, IL
Moto: 2005 SV650s blue
Posts: 430
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heh... yeah its wierd I've never heard of sales tax being one small flat fee.
would be nice if i was buying from private. now I'm considering abandoning the bike i found. but it might be worth the extra to buy it frmo a reputable dealer. |
03-09-2008, 01:07 AM | #8 |
Let's do another U-turn
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03-09-2008, 09:19 PM | #9 |
ICON FTW!!!
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