Quote:
Originally Posted by TreeSemdyZee
I haven't done any private sales for quite awhile here in Indiana, but I think it used to be based on book value of the car. That kept people from doing the bogus sales price.
I don't know if it is still like that or not.
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Well the seller could just make a deal w/ the buyer and to let's say that his/her car has "issues" or saying it's in "poor condition" so make it a lesser amount. The buyer can just give the seller the remaining of the original deal.
But honestly, I don't agree with this multiple taxation deal. Car was taxed once already when 1st bought.