Posted by BarnyardEngineering on February 13, 2018 at 06:34:32 from (98.17.202.247):
In Reply to: MI vehicle sales tax posted by RBoots on February 12, 2018 at 17:26:44:
That's what happens when you LIE AND CHEAT. Too many people were lying about the amount they paid for a private-sale vehicle to get out of paying the sales tax on it. So they made it a law so you can't do that anymore.
Last time I bought a private sale vehicle here in NY, if the amount was "reasonable" they didn't pull out the book, but if you wrote in something like $1, $100, or even $10,000 for a 2015 Ford F350 for example, they would nail you for full NADA value. You can squeak a few thousand off the price, as long as you have a receipt from the seller to match, but you can't flat out claim you paid $1 for a 3-year-old truck.
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