U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Colorado
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 04-25-2007, 08:53 PM
 
11,715 posts, read 38,774,809 times
Reputation: 7574

Advertisements

In California, you pay sales tax (7.75% in my county) on the purchase price of a new or used car even if you trade you old car in. I know some states like Texas only charge sales tax on the difference. So if you bought a $20,000 car and traded in a $10,000 car, you'd only pay sales tax on $10,000. How does Colorado tax car sales?
Rate this post positively Reply With Quote Quick reply to this message

 
Old 04-25-2007, 09:06 PM
 
Location: Just south of Denver since 1989
11,652 posts, read 32,607,559 times
Reputation: 8577
http://www.revenue.state.co.us/mv_di...egistrations13

In the past when I traded in a vehicle, the difference was prorated.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 04-28-2007, 02:50 PM
 
11,516 posts, read 50,219,183 times
Reputation: 16093
You only pay sales tax on the cash differential.

A $20K car with a $10K trade in yields a taxable amount of $10K.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Colorado
Similar Threads

All times are GMT -6.

© 2005-2022, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top