The taxes vary by state. There are some exemptions regardless of state depending on qualification the majority of the population wouldn't qualify for. In Texas, you do pay sales tax on private party sales. It's collected at the county tax office when new owner registers. New owner pays SPV from private party to private party.
It's hard to compete against the new car prices right now. 4,000 in cash incentives on top of pretty decent discounts. Also add in the Zero cost maintenance does not pass through to the new owner the new car is typically a better value.
If you're relocating for work I'm surprised your employer would not cover the loss.
|