# Sales Tax On Private Buy

**URL:** <https://forums.speedlife.net/t/sales-tax-on-private-buy/267082>\
**Category:** Shift518 Automotive\
**Created:** [May 24, 2013, 9:41am UTC](https://forums.speedlife.net/t/sales-tax-on-private-buy/267082 "2013-05-24T09:41:12Z")\
**Posts on this page:** 2\
**Page:** 3

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**Author:** ![ExcuseM3](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/excusem3/32/6758_2.png) [@ExcuseM3](https://forums.speedlife.net/u/ExcuseM3)\
**Post date:** [May 24, 2013, 12:53pm UTC](https://forums.speedlife.net/t/sales-tax-on-private-buy/267082/41 "2013-05-24T12:53:52Z")

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I mean I can tell you if its taxable or not…:rofl

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<div class="post-metadata">

**Author:** ![Hang\_Your\_Cross](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/hang_your_cross/32/6381_2.png) [@Hang\_Your\_Cross](https://forums.speedlife.net/u/Hang_Your_Cross)\
**Post date:** [May 25, 2013, 12:12pm UTC](https://forums.speedlife.net/t/sales-tax-on-private-buy/267082/42 "2013-05-25T12:12:20Z")

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Easiest way to do this, don’t ask how I know:

Get a loan from bank. Ask for XXX amount for car, and XXX amount for money going into the car.

Example:

The car cost $13,000

Get loan for car for $7000  
Ask for additional money of $6000 to fix up car. Put all in same loan.

Banks will do this if there is enough value in the car.

Pay taxes on $7000. Sort of win (Fuck you NY and taxing used vehicles).

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