TrailTorque
Well-Known Member
- Thread starter
- #1,981
You will never be double taxed. You purchase the vehicle in any state, get the 30 day tag, drive it back and register it with FL and in all actuality the paperwork will have already been submitted by the dealership. I didn’t have a trade in so I can comment on that portion but we flew to PA and bought a vehicle from my wife’s uncles dealership years ago. Things may have changed though. The best bet is to ask the dealership you’re purchasing from what their procedure is. You’ll never be double taxed though and even if you were you would get the difference back I would imagine.Hey all - I‘ve been Googling and can’t find the exact answer to my question. If I recall, FL allows a sales tax allowance when we trade-in a vehicle where we purchase the new one. So, I trade-in my Jeep for 40k and buy a new one there for 50k, I only get taxed on 10k. If I buy the same 50k Jeep new without a trade-in, I pay taxes on the full 50k, right?
So, here’s my question - Does this still apply when you trade-in and purchase a new vehicle out-of-state and bring it to FL to be registered and tagged?
And ultimately who do you pay taxes to? Do you pay them to the out-of-state dealer and then FL credits you for whatever you paid, or do you pay to FL and not to the out-of-state dealer? Would there be any scenario in any state where you might get double taxed - the out-of-state dealer and then again in FL?
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