Aubrey
Rookie

I have to pay tax on pre owned SUVs or not?


I am 26 years old and planning to buy pre owned SUVs but I am worried that I have to pay tax on pre owned SUVs or not. Someone must be having knowledge about it so please explain it to me in detail. Thanks in advance friends; to be frank I don’t have any knowledge about tax norms. Help!
Oct 31 2011
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Carleton Russo | Nov 8 2011

No you do not have to pay any type of tax on pre owned suvs. According to government rule you do not have to pay any type of tax on old car. You only have to pay tax on a new car or suv. If you want to take my opinion then you should go for Lexus used car. Lexus SUV is a example of what happens if the SUV becomes a luxury model sedan on a inside and a powerful road while handling machine on the outside. The cross between the utility vehicle and a refinement of the sedan is often very hard to imagine until you sit on one. A consumer needs to do a little more than reading of a few reviews to realize that your Lexus SUV is not your typical sports utility vehicle. Even regardless of the intended use of the vehicle, a test drive will likely change the opinion about how much a utilitarian can deliver.


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