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02-22-2012, 09:23 PM
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#1 |
 Drives: 2014 Subaru Forester, 2010 Equinox Join Date: Nov 2011
Location: South Bend, IN
Posts: 560
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Sales Tax Question
Ok guys help me out here.
If I live in Indiana which has a 7% sales tax and if I were to go to Chicago (because there are some killer deals out there due to overstock and economy) which has a 10% sales tax......... Which one do you pay? I want to say that I would pay the 7% because of where my residence is. However im not positive on that. Anyone know for sure? Thanks |
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02-22-2012, 09:30 PM
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#2 |
 
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Resident state where registered charges the tax, 7 %
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02-22-2012, 09:32 PM
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#3 | |
              
Drives: SS,PaceCar,ZL1,1LE,C7Z51,Z06,17-ZL1 Join Date: Jun 2009
Location: Detroit, Mich
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02-22-2012, 09:33 PM
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#4 |
 
Drives: 2007 C6 Z06/2004 SVT Lightning Join Date: Jul 2009
Location: Phoenix
Posts: 89
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If you are talking about a new car purchase, most internet dealers charge local tax if you want to drive it home or no tax if it is shipped to your home.
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2012 F150 5.0 S/C
Some old stuff |
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02-22-2012, 09:41 PM
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#5 | |
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Drives: 2014 Subaru Forester, 2010 Equinox Join Date: Nov 2011
Location: South Bend, IN
Posts: 560
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Quote:
And isnt shipping expensive anyway? So it sounds like I would pay 7% because thats where the car will be registered, sounds good because i sure as hell didnt want to pay 10%. We're talking about a 5k difference in sticker price for the same damn vehicle. The reason being is chicago is a big city and im sure they dont sell well right now, economy has hit chicago hard. |
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02-23-2012, 10:36 AM
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#6 |
Drives: Callaway Rogue Join Date: Jul 2009
Location: W8n 4 Snow, Minnesota
Posts: 4,731
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I would drive 90 minutes to save 5 grand.
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02-23-2012, 11:11 AM
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#7 | |
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Drives: 2007 C6 Z06/2004 SVT Lightning Join Date: Jul 2009
Location: Phoenix
Posts: 89
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Quote:
+1. I have driven out of town to buy several new and used vehicles. Saved a bunch in the process. Would have saved more if I did not buy anything at all though....
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2012 F150 5.0 S/C
Some old stuff |
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02-23-2012, 07:39 PM
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#8 | |
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Drives: 2014 Subaru Forester, 2010 Equinox Join Date: Nov 2011
Location: South Bend, IN
Posts: 560
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02-23-2012, 07:41 PM
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#9 |
Drives: 2021 ZL1 1LE Satin Steel Join Date: Jul 2011
Location: Brownsburg, Indiana
Posts: 6,350
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You will pay the Indiana tax when you register it, no Illinois tax
Ryan Sent from my iPhone using Tapatalk
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Ryan
2021 ZL1 1LE Satin Steel Metallic Build Page: https://www.camaro6.com/forums/showthread.php?t=632481 |
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02-23-2012, 07:42 PM
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#10 | |
Drives: 2013 SVT Raptor, sold 2010 Camaro Join Date: Jul 2009
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02-23-2012, 08:09 PM
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#11 | |
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Drives: 2014 Subaru Forester, 2010 Equinox Join Date: Nov 2011
Location: South Bend, IN
Posts: 560
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Quote:
So I wont pay any tax when I actually buy it? I thought the dealership registers it for you? Isnt that what "tax/title/license" is for??? |
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02-23-2012, 10:08 PM
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#12 | |
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 Mods: BBK Intake, BBK LT's and High Flow Cats, Corsa Cat-back exhaust, Hurst short throw shifter, SLP skip-shift eliminator. 7/1/09 Placed order for IOM/IO int/ SS/RS 6M 9/26/09 Took delivery! |
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02-23-2012, 10:12 PM
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#13 |
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Thread Mover
Drives: a Monte Carlo Join Date: Apr 2011
Location: Sierra Nevada
Posts: 490
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If you buy a private party used vehicle you may fall through the cracks and avoid paying any sales tax when you register at the DMV several months later.
People do it all the time to save the $3-6k in sales tax. 
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02-24-2012, 10:31 AM
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#14 | |
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Drives: 2014 Subaru Forester, 2010 Equinox Join Date: Nov 2011
Location: South Bend, IN
Posts: 560
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