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Trying to figure out what makes more sense... here's the deal: I relocated from NJ in September (established residency, have my drivers license, the whole 9 yards)... my DW will come down at the end of June once our kids graduate from school... we are in the market for a new car - do you know if there's any advantage for us if I buy the car in NJ (with my NC DL) or is it better to purchase once we're all down here? When I bought my last car, the dealership was in PA, and they registered the car for NJ - all I had to do was pay the taxes... does anybody know if this is a (potentially) viable option? Thanks!
You're going to have to pay the 3% highway use tax on the car once you register in NC, even if you buy it in NJ. So unless you're getting a much better deal at the NJ dealership, it makes no difference, other than the hassle of transporting the car down here once purchased.
You're going to have to pay the 3% highway use tax on the car once you register in NC, even if you buy it in NJ. So unless you're getting a much better deal at the NJ dealership, it makes no difference, other than the hassle of transporting the car down here once purchased.
^This. Unless you have a great bargain up in NJ, it would simply be easier buying here in NC. You can't avoid the taxes.
...and for what it's worth, if you are buying a used car, you'd be better off buying in the South. Less salts and corrosives used in our winter streets means less chance of rust down the road. (although this year may have negated that benefit...)
Good points! Thanks for your input - hadn't thought about the salt and corrosives... we were going used, and NJ seemed to have a little more inventory...
Good points! Thanks for your input - hadn't thought about the salt and corrosives... we were going used, and NJ seemed to have a little more inventory...
Keep this in mind. I've heard of companies that harvest used cars in the south just to transport up and sell used in the north, just because the value from the difference in damage is that much.
Good points! Thanks for your input - hadn't thought about the salt and corrosives... we were going used, and NJ seemed to have a little more inventory...
What sort of used car do you need where there's more inventory in NJ?
Is it possible that you might be missing some inventory down here in places you hadn't thought of?
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