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fishwater

TAX on used atv?

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Do you pay sales tax on used ATV purchases? If so, if you trade in another unit, do you pay the tax based on the sale price, less the trade-in??

thanks!

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I think I found my answer - please let me know if I am wrong.. smile

Sales between private parties do not require sales tax from what I found.

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I think you're correct on the second question also. The more equity you put into the new purchase, the less taxes you pay.

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