moespeed

Hey guys, I live in NJ. If I trade my Z06 for a car out of state, when I register the new car in NJ, do I pay sales tax on the full amount, or just the difference between the trade and the new car?

Thanks,

Moe
03 MY Z06

BR Duke

In my state you pay only the difference in auto's. You would be double taxed if you had to pay for your tax a second time. Good luck.

Dr.Ron

In NJ,you pay sales tax only on the difference of the new car minus the trade in amount... You already paid sales tax on the old car, thustly, that would be double taxation as mentioned above.

Mallory

Depends on the sate. Ca. you pay the tax on the full amount.

Eric

tpocock

In california, you pay the total tax BUT they give you a credit for the tax paid out of state.
So you pay the difference.