![]() Self-driving cars aren’t widely available, but if you do happen to purchase one, it may be exempt from sales tax. If you live in a state that has a gift exemption-and a car owner who wants to gift the vehicle to you-then this is a way to transfer ownership without incurring sales taxes. Gifting a car may provide sales tax exemption in some states. Some states offer sales tax exemptions for certain disabilities (Nevada offers an exemption for the blind) or for disabled veterans or their surviving spouses. In some states, if a vehicle sale is between immediate family members, it may be exempt from sales tax. When you sell/transfer a vehicle, take the plates off your vehicle. If you have a classic car or other historic vehicle, it may not be subject to sales tax in your state. The license plates you display on your vehicle is yours to keep. If a church purchases a vehicle, it may be exempt from sales tax. Some states, such as New Jersey, give sales tax exemptions for vehicles that don’t produce emissions. If a vehicle is used strictly for farming, your state may offer a tax exemption. The following are some of the exemptions that some states offer: check with your state’s Department of Revenue (or equivalent department) to see what exemptions they offer. If you qualify for an exemption, you are not required to pay sales tax on your vehicle purchase. If a car has been listed for a while and is not selling, the owner may be open to accepting a lower offer-especially if your PrivateAuto profile shows that you have verified funds.ĭifferent states have different exemptions for vehicle sales taxes.
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