Looking at 2002 360 | Page 2 | FerrariChat

Looking at 2002 360

Discussion in '360/430' started by biophase, Sep 20, 2011.

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  1. arizonaitalian

    arizonaitalian Two Time F1 World Champ
    Owner Silver Subscribed

    Oct 29, 2010
    20,487
    Wyoming
    Depends upon the state. For example, In arizona you don't pay sales tax if purchased from a private party (whether in state or out of state). In cali they get you for sales tax in all circumstances. I'm certain other states have yet other rules.

    OT: I have to say I love the AZ sales tax rules...you get credit for trade-ins (meaning you only pay sales tax on the net amount of cash you add to your trade-in on a higher priced car) and no sales tax on PP transactions! Very cool after living with the crapy PRoC (peoples republic of California) where you don't get credit for trade-in and you have to pay on PP transactions AND those F$#%'***** you for sales tax "differential" if you happen to move to CA within a year of buying a car in any other state. I hope I never have to go back...

    What state are you in that you made the statement above?
     
  2. biophase

    biophase Karting

    Apr 17, 2008
    70
    Thanks AZ Italian,

    Not sure where Matty was coming from. Many states don't have sales tax on used cars when bought from a private party. In fact, I've never paid sales tax on any of the used cars I've bought. Some states have a "use tax" which is much lower than a sales tax.
     
  3. Piper

    Piper Two Time F1 World Champ
    Silver Subscribed

    Jun 6, 2010
    25,415
    Northern Virginia
    Full Name:
    Bob
    Maybe he was thinking of personal property tax. That's due at registration in our state, but no sales tax on private sales. Never heard of such a thing anywhere.
     
  4. h82bslo

    h82bslo Rookie

    Dec 8, 2008
    5
    Bonner Springs, KS
    Full Name:
    Phil Hemes
    #29 h82bslo, Oct 2, 2011
    Last edited: Oct 2, 2011
    In Kansas you pay sales tax on all used vehicles (about 6%), only receiving a credit on a trade if all done in one transaction through a dealer. Very unfair and biased.

    In Montana however there is no sales tax and no property tax on vehicles, that is why there are a lot of Ferraris and RVs registered to a Montana LLC but driven in other states :)

    I paid $80K for my 2004 Red/Black 6 speed with 12K miles a couple of months ago - had to drive from KC to Shreveport to buy it privately. Love it :)
     
  5. Mighty Joe

    Mighty Joe Formula 3

    Sep 3, 2010
    1,127
    Atlanta, GA
    Full Name:
    Joe
    $96K looks like a good price to me!
     
  6. Catharsis

    Catharsis Rookie

    Jul 9, 2011
    13
    I have a grigio titanio with 8500 k 2 nd owner with more options f-1 -clear bra - new clutch and 8 k in recent service asking 99 k - let me know challenge grils tubi. Daytona power seats leather seats and dash with white stitching - battery tender and more
     
  7. biophase

    biophase Karting

    Apr 17, 2008
    70
    What year and where are you located?
     

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