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Article #145

Re: Purchasing a Used Car

#145
From: Greg Hackney
Date: Tue, 15 Sep 1992 03:07
16 lines
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In article <1992Sep12.202703.19925@cactus.org> mhk@cactus.org (M. H. Khan) writes:
> What, if any, taxes are due when buying a used car from an individual,
> and what is the minimum procedure/paperwork-requirements for such a
> transaction?

I just sold a used vehicle. The paperwork required was an application
for a new title, and and odometer statement form obtainable from
the nearest county tax branch office. The signatures don't need to be
notarized on these or the blue title. The state sales tax is 6.25 percent,
and can be paid with a check if you mail it in, else cash in person.
If the car is a gift, the tax is only $10.

We did the transaction in person at the tax office, and the buyer had to
also show proof of insurance. I wasn't aware that proof of insurance was
required to change title ownership, and am still not sure about it. 
However, the buyer had it, so it was not questioned.
Technical Details
Message-ID: <1992Sep15.030716.29087@moxie.hou.tx.us>
Path: arc1-ca.pugleaf.net!sparky!uunet!wupost!wotan.compaq.com!moxie!hackney
References: <1992Sep12.202703.19925@cactus.org>

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Newsgroups: tx.general
Path: arc1-ca.pugleaf.net!sparky!uunet!wupost!wotan.compaq.com!moxie!hackney
From: hackney@moxie.hou.tx.us (Greg Hackney)
Subject: Re: Purchasing a Used Car
Message-ID: <1992Sep15.030716.29087@moxie.hou.tx.us>
Organization: None
References: <1992Sep12.202703.19925@cactus.org>
Distribution: tx
Date: Tue, 15 Sep 1992 03:07:16 GMT
Lines: 17