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Old Apr 16th 2018, 07:13 PM   #11
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Originally Posted by CSV4 View Post
Ah - not sure how it works in California, but in Texas you would only pay sales tax on the price you paid (about $1,750 on $25K if you're going to be on the up and up about it; registration would be some insignificant amount). $25K is a very good price ... did he get a military discount?

Edit: Are you taking over his payments and not just purchasing outright?
No he paid 32otd. And he wants me to pay cash.
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Old Apr 16th 2018, 08:35 PM   #12
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Originally Posted by 415rider View Post
No he paid 32otd. And he wants me to pay cash.


25k for a V4S is a super deal... just register the bike in Montana... so no taxes anyway the best cars in the US are from Montana


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Old Apr 16th 2018, 10:23 PM   #13
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Originally Posted by 415rider View Post
So my boy selling his new V4S for 25k with only 200 miles on it. But I have to pay for the transfer and taxes if I buy it. So my question is this a good deal or should I just buy a new one?

It retails for $27495 plus the dealer prep , shipping and doc fees so a new one will go for about $28,400 plus tax and registration. So I think 25K is pretty a fair price. Regarding the selling price on paper maybe you could have him write a different number so you dont get hit with a tax of $2215 if say you lived in NY.
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Old Apr 16th 2018, 10:37 PM   #14
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We do that all the time in aus in under value the vehicle in transfer papers but can come back on you if you try insure for the real value.
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Old Apr 17th 2018, 12:54 PM   #15
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Congrats on the purchase if you get it.

Mind if i ask what the transfer and taxes are about? im in Canada so when you buy from a private sale you dont have to pay tax, you only pay tax if you buy from the dealer
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Old Apr 17th 2018, 01:06 PM   #16
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Originally Posted by panhandler View Post
Congrats on the purchase if you get it.

Mind if i ask what the transfer and taxes are about? im in Canada so when you buy from a private sale you dont have to pay tax, you only pay tax if you buy from the dealer
Depends which Province in Canada, in Ontario you pay HST which is 13% even if its a private sale.

So in most cases that defeats the purpose of buying privately since at a Dealer you would be credited that tax towards your next bike.
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Old Apr 17th 2018, 01:29 PM   #17
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Originally Posted by panhandler View Post
Congrats on the purchase if you get it.

Mind if i ask what the transfer and taxes are about? im in Canada so when you buy from a private sale you dont have to pay tax, you only pay tax if you buy from the dealer
You do here in bc. You'd pay it when you get the registration changed at the insurance company.

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Last edited by Nitrouz; Apr 17th 2018 at 04:25 PM.
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Old Apr 17th 2018, 02:13 PM   #18
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Originally Posted by Phl View Post
Fixed
get a new wife?
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Old Apr 17th 2018, 02:14 PM   #19
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Originally Posted by jyli19 View Post
get a new wife?


Iím down for that too


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Old Apr 17th 2018, 02:19 PM   #20
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1 wife is plenty
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