What Taxes Are Required for Used Cars?
1 Answers
Used cars do not require payment of purchase tax. Additional relevant information is as follows: 1. New Cars: If the new car was not subject to purchase tax at the time of purchase, the new owner will need to pay the outstanding purchase tax after the used car transaction. 2. Payment Receipt: When buying a used car, check whether the vehicle has a purchase tax payment receipt. 3. Tax Reimbursement: If the purchase tax payment receipt is lost, the original owner can apply for a replacement. 4. Tax-Exempt Vehicles: According to relevant regulations, a tax-exempt vehicle used for more than ten years does not require tax reimbursement. However, if the tax-exempt vehicle to be purchased has been used for less than ten years, consider whether you are willing to pay the purchase tax.