U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina > Raleigh, Durham, Chapel Hill, Cary
 [Register]
Raleigh, Durham, Chapel Hill, Cary The Triangle Area
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 05-23-2007, 05:05 PM
 
13 posts, read 71,206 times
Reputation: 18

Advertisements

Aside from the NC state 3% tax, will there be local sales tax on a car purchase in Wake County, NC?

Thanks!!!
Reply With Quote Quick reply to this message

 
Old 05-23-2007, 05:10 PM
 
5 posts, read 26,877 times
Reputation: 12
I just bought a new car and it was only the 3% sales tax. Then of course you have the $399. doc fee + license, tag & inspection which is about $85.
Reply With Quote Quick reply to this message
 
Old 05-23-2007, 06:40 PM
 
46 posts, read 120,985 times
Reputation: 75
I just learned today that you can transfer tags (plates) for $15 instead of getting a new tag at $33. Also learned the dealership can do this for you, but they do not WANT to. Also that tax can continue to be paid out for the remainder of the year on the older car, instead of taxes on the newer car. Turned in my plate today and found all this out. I was told that for some reason you cannot transfer plates in NC and never questioned further until I got to the place today to turn it in. Darn...
Reply With Quote Quick reply to this message
 
Old 05-24-2007, 06:05 AM
 
Location: Downtown Raleigh, NC
2,086 posts, read 6,935,538 times
Reputation: 1298
There is no local sales tax that is charged at the time of sale other than the 3% (I purchased a new car last September, prior to registering my old car in NC). You will, however, get a bill for personal property tax, based on the tax value of your vehicle, on a yearly basis. I can't remember the percentage, but mine was about $200 on a tax value of ~$16,000 (which was no where near the Fair Market Value of my car). Remember that this tax is always based on the tax value of the vehicle, so it will go down each year as the car depreciates.
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:


Options
X
Data:
Loading data...
Based on 2000-2016 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 > North Carolina > Raleigh, Durham, Chapel Hill, Cary
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - 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 - Top