Teach, clear your pm box!
04-16-2004, 09:35 AM
#1
Registered User
Thread Starter
Join Date: Sep 2003
Location: Mass
Age: 41
Posts: 33
Teach, clear your pm box!
What up man? Hey I had another question for you, since I'm in Mass, wouldn't my buddy be better off getting a lower price on the bike rather than trying to get a good OTD price? He's just going to have to pay the taxes when he registers it here anyway, unless of course you have some connections with mass dealers? Anyways, thanks again.
04-16-2004, 12:23 PM
#2
Gas'er!!
Join Date: Oct 2002
Location: from the East to the West
Age: 46
Posts: 6,272
Re: Teach, clear your pm box!
a lower price, lower OTD, same thing...
the price is the price...there is no sales tax in NH, but you pay in when you register it in mass anywyas....the tax is unavoidable and is not part of the price...that price i quoted you is basically for like four or five more days...after that, it goes up and i can't guarantee anything....
i went out on a limb a bit, so whatever you do, don't leave me hanging!!!
just lemme know right away...
and that price is confidential until you pick the bike up!!!
later,
teach
ps. my box is cleaned out!
the price is the price...there is no sales tax in NH, but you pay in when you register it in mass anywyas....the tax is unavoidable and is not part of the price...that price i quoted you is basically for like four or five more days...after that, it goes up and i can't guarantee anything....
i went out on a limb a bit, so whatever you do, don't leave me hanging!!!
just lemme know right away...
and that price is confidential until you pick the bike up!!!
later,
teach
ps. my box is cleaned out!
04-16-2004, 01:16 PM
#3
Has-Been... Was I ever?
Join Date: Oct 2002
Location: Boston, MA
Age: 46
Posts: 3,343
Re: Teach, clear your pm box!
also, I think Mass State Sales tax is calculated on book value... not neccesarily how much you paid. So if you buy a car / bike for $10 off a friend and it's worth $7,000... they hit you with the $7,000 book value tax.
I could be wrong.... it might be for private sale only.
I could be wrong.... it might be for private sale only.
04-16-2004, 03:11 PM
#6
Has-Been... Was I ever?
Join Date: Oct 2002
Location: Boston, MA
Age: 46
Posts: 3,343
Re: Teach, clear your pm box!
yup.... they have gift forms and you can avoid tax. I think you're only entitled to like 2-3 gifts per year or something. Both parties need to sign the form before you register it.
Brian
Brian
04-16-2004, 03:17 PM
#7
I Chose to No Longer Post
Join Date: Dec 2002
Age: 43
Posts: 6,267
Re: Teach, clear your pm box!
Originally Posted by Brian_C6
also, I think Mass State Sales tax is calculated on book value... not neccesarily how much you paid. So if you buy a car / bike for $10 off a friend and it's worth $7,000... they hit you with the $7,000 book value tax.
I could be wrong.... it might be for private sale only.
I could be wrong.... it might be for private sale only.
04-20-2004, 10:07 AM
#8
I Have Too Much Free Time
Join Date: Oct 2002
Location: Diddleboro , MA
Age: 45
Posts: 12,735
Re: Teach, clear your pm box!
Originally Posted by Angel Of Death
If you buy it from a shady dealer and he agrees to write $10 on the bill of sale, you only pay 50 cents sales tax. If you buy it from a third party (driveway, want ad) you pay tax on the worth of the car. Good thing we all know a shady used car dealer in brockton! wink wink
this is true. If you buy it from a licensed dealer -you only pay tax on the sales price - regardless of book value.
But it from a 3rd person. wham. full book.
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