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The laws on taxes for private party used-car sales vary by situation, state, and in some cases, even by city. It may seem hard to understand, but it's not an insurmountable task. CarGurus breaks ...
Trade in your used car: Trade in your used car to lower your new car's final price and tax obligations. Buy through a private seller: Buying through a private seller can help you avoid some fees.
The Basics of Buying a Used Car From a Private Party Some risk is always involved in buying a used car from a private party because you don’t have as much recourse if the car turns out to be a ...
Buying a used car from a private seller may be more complicated than purchasing a certified pre-owned used vehicle from a dealership. Although both methods require a bit of research, buying from a ...
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
For most consumers, the main point of buying a used car is to save money off the cost of a new one. The average transaction price for new cars was $48,510 as of April 2024, according to Kelley Blue...