Does Selling an Old Car as Scrap Affect Buying a New Car?
1 Answers
Selling an old car as scrap does not affect the purchase of a new car in cities where vehicle purchases are not restricted by the government, and there are no license plate restrictions for the new car. Things to Consider When Buying a Car: When purchasing a car, an invoice must be issued. The name on the invoice will be the same name used when paying the purchase tax, registering the car, and obtaining the vehicle registration certificate. Annual insurance must also be processed under the same ID used initially. Additionally, selling the car or similar transactions must be handled by the same ID holder. Purchase Tax: The purchase tax is a tax levied by tax authorities on the purchase of specified goods and properties within the scope of the tax system, such as the vehicle purchase tax. The vehicle purchase tax is a tax imposed on individuals and entities purchasing specified vehicles within the country, evolving from the vehicle purchase surcharge.