Luxury tax when buying a car, cannot find the answer! Submitted by ctthrowaway55 t3_ychhcv on October 24, 2022 at 5:38 PM in Connecticut 16 comments 4
JaKr8 t1_ito76ep wrote on October 25, 2022 at 2:09 AM If the sale price of the car is over $50000, you pay the luxury tax. We went through this earlier this year... If you buy a car that sells for $60000. And your trade is worth $40000. You pay the luxury tax on $20000. Permalink 2
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