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10 States Where You Should Avoid Buying a Car Due to High Sales Tax [Yahoo! Finance]
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Most buyers are aware of the expenses involved in car ownership, but many aren't aware of just how much average annual insurance premiums, gas expenses and car maintenance and repair costs differ from state to state. Check Out: 5 Japanese Cars To Stay Away From Buying Read Next: How To Get $340 Per Year in Cash Back o n Gas and Other Things You Already Buy Another expense that varies depending on where you live is car sales tax. Sales tax is due whenever you buy or register a vehicle, including purchasing from private parties and dealers (although some states give exemptions for vehicle transfers between close family members or relatives, per J.D. Power). If you live in a state that charges no sales tax — the “NOMAD” states: New Hampshire, Oregon, Montana, Alaska and Delaware — you won't be charged any car sales tax. Residents in Oklahoma, North Carolina, Colorado, and Alabama pay less than 3.5% in sales tax when they buy a car, and four other states (Hawaii, New Mexico, New Y
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