Submitted by [deleted] t3_z60y7o in massachusetts
[deleted] OP t1_ixz6g2p wrote
Reply to comment by Direct-Pressure-7452 in Do both buyer and seller pay tax for private party sales of vehicle? by [deleted]
That’s great, but I’m just saying, I’ve bought several used vehicles in private party sales in Massachusetts and I’ve always paid sales tax on what was written on the bill of sale when I registered them. Maybe the RMV can decide to charge a different amount, but they haven’t for me. The last vehicle I purchased, a motorcycle, was in October of this year, so I’m working with up to date info.
mmmsoap t1_ixze164 wrote
I can say the opposite happened to me. I bought a car from family for a very reduced price, but paid sales tax on the value, not the sales price.
[deleted] OP t1_iy0jq6c wrote
Someone above wrote that the RMV agent has discretion to override the value written with the NADA value. Maybe because I tend to put the actual amount I paid on the bill of sale, they go with that. I bought a motorcycle at the end of the season for about half what it was worth and they only charged me tax on what I paid.
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