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mfcorey1

(11,001 posts)
Thu Jan 3, 2013, 06:03 AM Jan 2013

This is highway robbery by Georgia State legislators. They are forcing people to buy from dealers.

New one-time car tax raises cost of private sales

Georgians who buy used cars from Craigslist, neighbors or friends are about to see the cost of their purchases rise sharply. But buyers who shop at dealerships are in luck.
Beginning March 1, a new law intended to collect taxes from private vehicle sales will mean the upfront cost of registering and titling a car in Georgia will increase for those who don’t buy from dealers.
The new one-time tax may change the way Georgians shop for cars by eliminating sales tax savings from private sales.
“If you are someone who bought cars from a dealership and held them, you’re better off under the new system, almost from day one,” said Douglas MacGinnitie, Georgia’s tax commissioner. “If you’re someone who buys from a casual sale frequently, you’re worse off.”
The annual ad valorem tax that Georgia residents pay for their cars on their birthday will disappear for all newly acquired vehicles. It will be replaced by the new one-time title tax that, while higher than the individual’s average annual ad valorem bill, could add up to savings for car owners who keep their vehicles for many years.
Timothy Nash of south Fulton County, who plans to buy a car for his 16-year-old son, said he’s glad the annual birthday tax is going away. Nash said he buys used cars from dealerships so he can finance his purchase.

http://www.ajc.com/news/news/new-one-time-car-tax-raises-cost-of-private-sales/nTkJc/

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This is highway robbery by Georgia State legislators. They are forcing people to buy from dealers. (Original Post) mfcorey1 Jan 2013 OP
WTF? pipoman Jan 2013 #1
Not everyone can get bank financing... TreasonousBastard Jan 2013 #4
Oh bullshit-- they'll whine about anything... TreasonousBastard Jan 2013 #2
If I buy a car here in TX, I have to pay the sales tax when I transfer the title. hobbit709 Jan 2013 #3
 

pipoman

(16,038 posts)
1. WTF?
Thu Jan 3, 2013, 08:36 AM
Jan 2013

"Nash said he buys used cars from dealerships so he can finance his purchase." Do they not have banks and credit unions in GA?

TreasonousBastard

(43,049 posts)
4. Not everyone can get bank financing...
Thu Jan 3, 2013, 09:42 AM
Jan 2013

dealers have almost infinite sources and can finance just about anyone. At a price.

There are even ignition locks that shut the car off if you don't make your weekly payment.

TreasonousBastard

(43,049 posts)
2. Oh bullshit-- they'll whine about anything...
Thu Jan 3, 2013, 09:40 AM
Jan 2013

Around here we have a sales tax when a car is sold. If you buy it from a dealer, it's built into the price one way or another. In a private sale, you pay it at the DMV when you register the car.

This is what they are doing down there and it will save you the annual fee and them the administrative expense of collecting the annual fee.

Unless you argue for paying no tax at all, this is a good thing.

(Or, if you are an "unlicensed dealer&quot

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