I am considering buying a new atv, and what better time than when it's tax free?
The questions come in as I am considering purchasing out of state.
How would this work for me? Anyone done this before?
I talked to a dealer in Alabama today that can beat local price by around a grand and they said I have to pay Al tax if I pick up from them- 3.5% I think. I would then have to pay the difference between my local tax rate -8% and the 3.5% at the DMV when I brought it home.
ETA: What is the process when buying local? I have never bought a new atv from a dealer. DO I pay the tax at the dealer like buying a car or at the DMV? Would I have to go to the dmv on the tax free Friday to finalize everything, or?
Anyone ever bought an atv during the 2nd amendment tax holiday that can throw their input in?
http://www.revenue.louisiana.gov/NewsAndPublications/secondamendmentsalestaxholiday
The questions come in as I am considering purchasing out of state.
How would this work for me? Anyone done this before?
I talked to a dealer in Alabama today that can beat local price by around a grand and they said I have to pay Al tax if I pick up from them- 3.5% I think. I would then have to pay the difference between my local tax rate -8% and the 3.5% at the DMV when I brought it home.
ETA: What is the process when buying local? I have never bought a new atv from a dealer. DO I pay the tax at the dealer like buying a car or at the DMV? Would I have to go to the dmv on the tax free Friday to finalize everything, or?
Anyone ever bought an atv during the 2nd amendment tax holiday that can throw their input in?
http://www.revenue.louisiana.gov/NewsAndPublications/secondamendmentsalestaxholiday
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