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I trying to understand a bit more about exactly how dealers price their vehicles, and I'm wondering, when a dealer buys a car from the manufacturer, does the dealer pay sales taxes in the same (or a similar) way that the customer does?
If so, what sales tax does the dealer pay? Is it the same 6.25% Texas sales tax levied on vehicle purchases when a private citizen buys a car?
Or, is the car only taxed by the state once, when the customer purchases the car from the dealer?
Thanks!
If so, what sales tax does the dealer pay? Is it the same 6.25% Texas sales tax levied on vehicle purchases when a private citizen buys a car?
Or, is the car only taxed by the state once, when the customer purchases the car from the dealer?
Thanks!