Thursday, January 19, 2012

What will the sales tax be on my used car in Massachusetts?

I bought the car on July 31st when the sales tax was still at 5%. I have not been to the RMV yet. I was wondering if the sales tax would be 5% or 6.25%.



My other question is do they still go by the NADA book value if the car has a salvage/ rebuilt title?What will the sales tax be on my used car in Massachusetts?
The state will tax you on the price you paid or the value of the car, whichever is higher. They will tax you based on the date you register is I believe, so in your case 6.25%.
  • trade in value
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