"trade" cars ?
what is the procedure for trading cars ? can you simply swap title with the other owner in front of a notary?
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My state, PA, is a title state. I swapped cars about eight years ago and did it at the notary. I was surprised and pleased that neither of us had to pay sales tax.
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im in PA too. that sounds too easy.
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In Ky the party getting the higher priced car pays the difference in tax.
Florida, no tax on a trade. |
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Steve, I traded a truck (Florida) for an f body from Indiana and just paid the transfer fee, no tax.
I'm sure every state is different though. |
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It was. Good luck with your transaction. |
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Its sad that the Government insists on retaxing money that was already taxed, at least once |
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