Taxes And Fees When Buying A Used Car Review

As he finally drove the silver sedan off the lot, the car felt amazing, but Leo had learned a valuable lesson: when you're buying a used car, the price on the glass is never the price on the check.

"Then," Sarah continued, "we have the . This covers the cost of transferring the legal ownership to your name and getting you those new license plates." She scribbled down $250 . "It varies by state, but you can't drive without 'em." Leo nodded slowly. "Okay, so we're at $16,300. Is that it?" taxes and fees when buying a used car

"I’ll take it," Leo said, clutching a cashier's check for exactly that amount. As he finally drove the silver sedan off

"And if you were moving from out of state," Sarah added as a footnote, "you might have run into an or a Smog Fee to ensure the car meets local environmental standards. Luckily, this one is already cleared." "It varies by state, but you can't drive without 'em

Leo stared at the total. He didn't have enough in his checkbook for the extra $1,700. He had to spend the next hour on the phone with his bank, transferring savings he’d intended for a new stereo system.