Question about sales tax (vehicle purchase)
Ok, so if I traded a 10k car in on a 20k car at a dealership, I'd pay sales tax on 10k (difference between two vehicles).
Now, I just sold my car, private party and bought another vehicle private party......must I pay sales tax on the entire amount 20k or if one vehicle replaced the other, will I be absolved of sales tax when I go to register the car?
Knowledgable responses only, please.
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