Pay tax on MSRP or actual sale price?
We bought a new Fuzion a couple weeks ago in Colorado. Just got the title in the mail, and noticed that the price listed was the inflated MSRP, which was $50,000 more than we paid. So, we're sitting...
Forum Discussion
JALLEN4, if you bring an out of state title, or an in state title to any DMV here, you are going to pay tax on the amount filled in on the title, NOT the amount on the bill of sale. If there is NO amount on the title, OR a ridiculously low price, then they will consult the NADA and charge sales tax on the "average retail". IIRC, Florida is exactly the same way for private transactions, including purchase out of state.
