News:

SAAC Member Badges are NOW available. Make your request through saac.memberlodge.com to validate membership.

Main Menu

Los Angeles car registration....

Started by Bigfoot, April 21, 2018, 01:49:16 PM

Previous topic - Next topic

Bigfoot

So my buddy bought his Shelby out of state in a state where you pay the sales tax there,...out of state.  CA sales tax is a little higher so he owes the difference.
We "get" that.
Question is....
Also a LA County "bounty?"....
RIP KIWI
RIP KIWI

Bigfoot

RIP KIWI
RIP KIWI

98SVT - was 06GT

If he paid say 6% out of state CA will charge him the difference. LA County has I think 9.5% sales tax so they'll hit him for 3.5%. It's interesting if I go to a different county and buy a car they still charge me the LA rate since that is the county I live in. They will also a % of the value on top of the registration - every year (personal property tax).
Previous owner 6S843 - GT350H & 68 GT500 Convert #135.
Mine: GT1 Mustang Track Toy, 1998 SVT Cobra, Wife's: 2004 Tbird
Member since 1975 - priceless

2112


mark p

Quote from: 2112 on April 21, 2018, 08:14:25 PM
In a word;

Montana

I was expecting entirely different 'words" to describe this  ??? ::)
"I don't know what the world may need, but a V8 engine's a good start for me" (from Teen Angst by the band "Cracker")

66 Tiger / 65 Thunderbird

CSX 4133


Robbery comes to mind........one of many reasons we left California years ago!

Side-Oilers

Yes, Montana works well.  Except if you get hassled by a fussy LEO in CA, over the plate not matching your driver's license state.

I realize that many people do this with their high end cars/RVs, etc. (I have too) and never get hassled.

My CPA told me that the CA State Board of Equalization (AKA the Tax Man) isn't too happy about it, however. 

I chose to register my Kirkham, my KR, and three of my pricey Brand X sports cars in CA.  Paid the $$ and can thus rest easy.  (Plus, then those cars are eligible for original CA YOM plates or the new black and yellows. I have both kinds.)   
Current:
2006 FGT, Tungsten. Whipple, HRE 20s, Ohlin coil-overs. Top Speed Certified 210.7 mph.

Kirkham Cobra 427.  482-inch aluminum side-oiler. Tremec 5-spd.

Previous:
1968 GT500KR #2575 (1982-2022)
1970 Ranchero GT 429
1969 LTD Country Squire 429
1963 T-Bird Sport Roadster
1957 T-Bird E-model

Bigfoot

RIP KIWI
RIP KIWI

6s1802

No Los Angeles cannot charge additional sales tax. The taxes paid to the California DMV are for the state rate.

2112

Quote from: CSX 4133 on April 21, 2018, 10:02:56 PM

Robbery comes to mind........one of many reasons we left California years ago!

Not just Cali. In Seattle metro area, 10% sales tax on purchase and 1% per year for transit tax.

Easy to spend $20,000 on taxes buying a 50 year old Mustang

Bigfoot

Quote from: 6s1802 on April 22, 2018, 12:24:18 AM
No Los Angeles cannot charge additional sales tax. The taxes paid to the California DMV are for the state rate.

State rate can change based on County?
In CA?
RIP KIWI
RIP KIWI

Rickmustang

Montana also. Permanent plate. Just purchased some high-end electronics and listed Montana on the sales invoice. No sales tax on them either.
1965 G.T. 350
1967 Fairlane GT - 390 4-speed
1970 Mach 1 - 428CJ 4-speed/AC
1971 Mach 1 - 429CJ auto/AC
2005 Ford GT

98SVT - was 06GT

#12
Quote from: Bigfoot on April 22, 2018, 12:50:20 PM
Quote from: 6s1802 on April 22, 2018, 12:24:18 AM
No Los Angeles cannot charge additional sales tax. The taxes paid to the California DMV are for the state rate.

State rate can change based on County?
In CA?
Yes - you pay the rate of the county you live in. State tax is 6% and counties can add up to 4.25% - some cities also have an additional tax, LA added 1/4% to help the homeless and then couldn't figure out why the homeless population spiked. https://www.salestaxhandbook.com/california/sales-tax-map anything between 7.25 and 10.25%
Previous owner 6S843 - GT350H & 68 GT500 Convert #135.
Mine: GT1 Mustang Track Toy, 1998 SVT Cobra, Wife's: 2004 Tbird
Member since 1975 - priceless

Bigfoot

RIP KIWI
RIP KIWI

Bigfoot

RIP KIWI
RIP KIWI