You cannot register a car in New York without living there to avoid paying sales tax in the state you live in. Most states require you to pay sales tax based on your residency and where the vehicle will be primarily used. Additionally, registering a car in a state where you do not reside can be considered fraudulent and may lead to penalties.
Registering a car in Mexico also requires residency.
I understand the loopholes you are trying to find, but I promise you the penalties for getting caught will be worse than paying the tax.
Please don’t let my comments suggest that I support a large tax on these Chinese vehicles. I think everything is way too expensive and we need some competition.
You cannot register a car in New York without living there to avoid paying sales tax in the state you live in. Most states require you to pay sales tax based on your residency and where the vehicle will be primarily used.
Fine. Do it in indiana. We don’t here. I don’t need to try to find loopholes when A) they already exist and B) lawmakers are upset about it and are trying to close them.
I see no pasted article link in this conversation thread.
And the reason why people are talking about it is because the fed is proposing tariffs on these cars, In addition to whatever state tax.
Let’s that the car is $10k imported. The fed charges a 100% tariff (suggested by Biden actually) so that gets passed to the consumer. Now the car is $20k, plus whatever sales tax you pay locally.
The reason people are talking about it is because this only benefits the local car manufacturers who won’t make a cheap car.
You cannot register a car in New York without living there to avoid paying sales tax in the state you live in. Most states require you to pay sales tax based on your residency and where the vehicle will be primarily used. Additionally, registering a car in a state where you do not reside can be considered fraudulent and may lead to penalties.
Registering a car in Mexico also requires residency.
I understand the loopholes you are trying to find, but I promise you the penalties for getting caught will be worse than paying the tax.
Please don’t let my comments suggest that I support a large tax on these Chinese vehicles. I think everything is way too expensive and we need some competition.
Fine. Do it in indiana. We don’t here. I don’t need to try to find loopholes when A) they already exist and B) lawmakers are upset about it and are trying to close them.
Confidently incorrect.
Did you read the article I pasted? Can you explain why lawmakers are worried about this problem if laws already take care of it?
I see no pasted article link in this conversation thread.
And the reason why people are talking about it is because the fed is proposing tariffs on these cars, In addition to whatever state tax.
Let’s that the car is $10k imported. The fed charges a 100% tariff (suggested by Biden actually) so that gets passed to the consumer. Now the car is $20k, plus whatever sales tax you pay locally.
The reason people are talking about it is because this only benefits the local car manufacturers who won’t make a cheap car.
https://www.autoblog.com/2024/06/15/chinese-cars-are-pouring-into-mexico-and-the-u-s-is-worried/
The worry is that it will kill local competition.
It’s a free market in the US. I should be able to buy a Chinese car for $10k if I want too. If Ford can’t stay afloat, sucks to be ford.