Buying A Car In Kentucky From Out Of State
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If you are buying a vehicle, ensure the seller has completed in their entirety both the seller and purchaser sections on the certificate of title before visiting a branch to apply for a new certificate of title. The seller should remove the license plate from the vehicle at the time of the transaction. The purchaser is responsible for obtaining a new certificate of title, registration and license plate.
Any vehicle from another state that is being titled in Indiana, including vehicles owned by new Indiana residents and vehicles assigned to an Indiana resident on a manufacturer's certificate of origin, must have a vehicle inspection. The inspection will confirm the Vehicle Identification Number (VIN) of the vehicle. The inspection may be performed at any Indiana branch or BMV certified full or partial service provider at no charge or may be performed by a law enforcement officer who may charge up to five dollars ($5.00). If the inspection is performed by a law enforcement officer, the officer must provide to you a completed Physical Inspection of a Vehicle or Watercraft - State Form 39530.
If there is a lien on the vehicle and the title is being held by the lienholder in another state, you must visit a branch to complete a Request for Title - State Form 1014. The branch will mail the request to the lienholder. Once the title has been received from your lienholder, the branch will contact you and request that you return to the branch to complete your application for the Indiana certificate of title. For more information on liens, please visit the Releasing a Lien webpage.
Indiana residents who purchased a vehicle from a state other than Indiana, including non-Indiana dealers, will receive credit for the sales tax paid in that state. If you paid less than the amount of sales tax Indiana would have assessed, you must pay the difference to Indiana at the time of the application for the Indiana certificate of title.
When you're in search of the best used car deals or a specific pre-owned vehicle, it's worth it to go the extra mile and ensure you find a dealership that does the same. At Courtesy on Wheels in Kentucky, we serve more than just our backyard. With plenty of states bordering our great state, we often see visitors from Indiana, Ohio, West Virginia, Tennessee, Virginia and beyond. Why Because our used car dealership in Lexington cares about serving buyers locally and from afar. Our digital showroom allows you to easily shop for cars online and browse our inventory of used Jeep SUVs, Volkswagen sedans, Ford Super Duty trucks and more. And when it comes time to consider your used car loans and auto financing options, our team will always be there to help. Live out of state and still want to buy a pre-owned vehicle at our KY used car dealer We can discuss tax details, vehicle title information and more when you contact Courtesy on Wheels.
If you plan on visiting our Kentucky used car dealer from across state lines, know that we have the inventory, expertise and atmosphere you desire. Our No. 1 goal is to pair you with the best used Chevy truck or Nissan SUV for your lifestyle and budget. Shop for a used car online to see what our current selection looks like, or simply make the trip and let our team take care of you in person. We'll show you around our lot and help you test-drive vehicles so that you can buy a pre-owned car out of state easily. The Courtesy on Wheels team will handle your tags, title and other requirements, because we want to help make buying a car out of state from a dealership stress-free, simple and streamlined.
You must obtain liability insurance from a Nevada-licensed carrier in the exact name(s) which will be on the registration and title. The effective date of the policy must be equal or previous to the registration date. Out-of-state insurance is not accepted.
If you purchase a new vehicle, one that has never been titled in any state, the dealer must provide you with a manufacturer's certificate or statement of origin. This document comes from the manufacturer and is provided to the dealer. When the vehicle is sold the dealer completes the reassignment of this document, which is what you will need to title your new vehicle.
When a motor vehicle is sold or transferred, the odometer reading must be recorded in the assignment section of the title by the seller. If the title does not include this section for this purpose, the seller may record the mileage on an odometer statement on a form available from DMV.
For example, consider these top five states for most expensive combined sales tax rates, according to the Tax Foundation: Tennessee (9.55%); Louisiana (9.52%); Arkansas (9.51%); Washington (9.23%) and Alabama (9.22%). While California has the highest statewide sales tax, its lower local rates offset that amount which keep it from making this list.
As you can see, some states can be cheaper for certain car buying costs and more expensive for others. For example, Alaska has some of the lowest sales taxes, but the highest used car prices and dealer fees.
In general, however, buying out of state might not save you much. A car in a state that has lower prices might help you save money upfront, but you could end up spending just as much or more as you would at home because of expenses like sales taxes, out-of-state registration filing fees or getting the vehicle to pass local inspections and emissions tests.
If you purchase a vehicle or bring a vehicle from a different state, you are required to title the vehicle within 15 days. If you do not reside in Kentucky, you are required to register the vehicle with the county clerk of the county in which the motor vehicle is principally operated.
As you consider these issues, keep in mind that buying the car from a private party will be different from purchasing it at a dealership, which can answer registry questions and provide the necessary paperwork. When you buy from a private party, you have to deal with these issues on your own.
There are other out-of-state buying concerns we don't cover here, such as prepurchase vehicle inspection and shipping. Follow the links at the end of this article for more information on those topics.
Some states also have what's called a \"use tax\" on vehicles brought over from another state. Take California, for example. Unless you purchased and used your vehicle outside California for at least 12 months before you brought it into the state, you would need to pay the use tax. The use tax will be based upon the purchase price of the car, minus the sales tax you paid to another state.
You'll want to verify that the dealership can handle the registration from another state. Dealerships often employ people trained in DMV rules or hire a third-party company to assist in the transaction. The dealer will give you a temporary registration to allow you to drive the car home. Ask how long the temporary registration lasts so that you know how much time you have. You don't want to be caught off guard if you're pulled over for an expired registration. Make sure you hang onto your sales paperwork in case there is a delay in the registration. It will have all the pertinent information you need when following up with the dealership or DMV.
There's a bit more to keep track of when buying a used car from a private party. The seller should give you a signed title so you can prove you are the new owner. Depending on the laws of your state, you may also need to apply for a temporary registration so you can drive the used car home and complete the registration. Once you're back in your home state, the DMV may need to give the car a safety inspection to ensure that the brake lights, seat belts and other important items are in working condition.
A person who purchases a vehicle or brings a vehicle from another state is required to title the vehicle(s) within 15 days. If the owner of a motor vehicle does not reside in Kentucky, the vehicle shall be registered with the County Clerk of the county in which the motor vehicle is principally operated (KRS 186.020).
In most cases, you will pay the sales tax based on where you live, not where you buy the car. However, you'll need temporary registration from the state of purchase to drive it home, so you'll have to deal with two Department of Motor Vehicles offices or similar state vehicle agencies.
Sales tax is one of the most significant additions to the price of any goods, from tablets to TVs, liquor to lederhosen. That sometimes entices people to go to a different city, county, or even state, to buy expensive items where the sales tax rate is lower or nonexistent.
Some people might think the same logic applies to bigger purchases, such as new vehicles. But some laws prevent buyers from dodging local taxes when purchasing expensive things. And buying a car in a different state can bring other fees.
Car buyers can get easily excited when finding exactly what they want. But don't get ahead of yourself too quickly. The car buying process shouldn't be rushed, especially if you've found an ideal car in a different state.
It's worth considering buying a car in another state if it means not settling for a car you're not happy with or getting a better deal a little further from home. Regardless of the reasons, careful planning is a must to avoid additional costs and the tax payment arrangement before bringing the car home.
If you decide to purchase your new car from a private seller in another state, the state of residence will collect sales tax after the vehicle is registered there. When you visit the state's vehicle registration agency, you'll need the out-of-state title and the bill of sale from the seller. Ensure you have enough money to pay the registration fee and the local sales tax. The DMV may also ask you for the vehicle identification number to verify the car matches the out-of-state title you provide.
Before the vehicle authority in your state registers the vehicle, they may check the bill of sale to ensure you paid the sales tax. To avoid confusion at the state DMV, make sure you get a bill of sale from the dealer for your vehicle purchase price with the tax included. You don't want to be in a position where you must pay the sales tax twice because the dealer forgot to send the appropriate paperwork. 59ce067264
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