Content Wrapper

[chiph]

In North Carolina you pay a 3% Highway Use Tax. From the NC DMV site:

Quote:

North Carolina collects a 3% Highway Use Tax on vehicles in lieu of a state sales tax (General Statute 105-187.2). The tax is assessed each time a title is transferred. The maximum tax for commercial vehicles (vehicles with a weight greater than 26,000 pounds) is $1,000.00. All other vehicles are charged 3% with no ceiling.
If the vehicle is purchased from a Dealer or a Leasing Company, the tax is 3% of the purchase price, less any trade in credit. A bill of sale must accompany each application. Vehicles purchased from anyone other than a dealer must pay a 3% tax based on the vehicle's value according to a value table maintained by the North Carolina Division of Motor Vehicles.

You don't pay any city/county sales tax on the purchase. But you will pay Personal Property Tax on it, starting approximately three months later. The amount of the personal property tax varies in accordance with the rates set by your county & city. This money typically goes for local welfare programs, school system, & pay off construction bonds.

Chip H.