Tax on used rv

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Lgp

Member
Joined
Mar 27, 2018
Posts
5
I have always bought new rv's ,i am considering purchase used 2015 diesel pusher will i have to pay tax on the used coach?
 
Yes. You'll either pay it at the dealer wrapped into the final invoice, or you'll pay it when you register it after buying from a private party
 
Standard vehicle excise tax is assessed as follows: New Vehicle: 3.25% of the purchase price (or taxable value, if different)

Used Vehicle: $20.00 on the 1st $1500.00 of value + 3.25% of the remainder.Jan 15, 2019


That's copied from the Oklahoma Tax Commission website. 
 
Taxes on USED are based on the actual selling price and "Blue Book" whichever is higher if there is a big difference. else it's the Selling price.

Registration fees however (In some states those are value based) may revert to MSRP adjusted for age up to a point (like 4 years)  Very strange.
 
In Indiana, if you buy off a Dealer (used / new, no difference) The Tax is based off sales price, and the Dealer collects it, and does much of the front end paperwork for the DMV.  (hence some of the doc fees)  If you buy it off private party, the Title has a spot that the seller puts in the sales price, and you pay the tax when you go to the DMV on that amount. 
 
Taxes on USED are based on the actual selling price and "Blue Book" whichever is higher if there is a big difference. else it's the Selling price.
If you are talking about sales taxes, that's true.  However, some states charge vehicle-specific taxes or personal property taxes rather than sales tax (or both) and those are typically assessed on the market value rather than  the price shown on the bill-of-sale.
Oklahoma has a nice simple sales tax, so none of this applies to Lgp's inquiry.
 
Gary RV_Wizard said:
If you are talking about sales taxes, that's true.  However, some states charge vehicle-specific taxes or personal property taxes rather than sales tax (or both) and those are typically assessed on the market value rather than  the price shown on the bill-of-sale.
Oklahoma has a nice simple sales tax, so none of this applies to Lgp's inquiry.
Missouri has a simple sales tax, too, paid either to the dealer or to the DMV when applying for registration. Missouri also has a property tax. However, it is assessed based on certain items you owned on January 1 of the tax year (vehicles are one of the certain items). So, the 1st year you would not owe property tax on a purchase after Jan 1. (at least, I believe that's the way it works)
 
Sales tax is very state specific, there could be 50 answers. In AZ, you only pay sales tax if you buy from a dealer, and it is based on the net (after discounts and trade-in) sales price. If you buy from a private party, there is no sales tax. Then when you register the vehicle and get your license plate (only one), the largest portion of the payment is a registration fee (treated by the IRS as a personal property tax and an itemized deduction). That amount is based on a calculation based on age and base cost (before options) of your model. Very complicated and could be very expensive.
 
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