Thread: Legalities Blow
View Single Post
      11-28-2012, 03:31 PM   #16
Cisitalia
No fast lane bandits allowed
Cisitalia's Avatar
United_States
6
Rep
338
Posts

Drives: 2009 135i TiAg 6mt M-Sport
Join Date: Sep 2009
Location: Charlotte, NC

iTrader: (1)

Quote:
Originally Posted by Lexington View Post
I think you would need to check the law in NC and your contract to see exactly what tax was paid. I didn't think NC had a sales tax on motor vehicles but does have a highway use tax that is charged when the title of the vehicle is changed.
When you buy a car in NC and you are a state resident and register the car in NC, they will charge you 3% sales tax of the purchase price. A onetime only state sales tax. On a NC registered car, each year you pay the county property tax based on the appraised value which is typical from KBB values. The tax is based on what the county levied for personal property in that county. It varies greatly from county to county.
Appreciate 0