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Free Texas Motor Vehicle Bill of Sale Form PDF Word …
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Do I Need To Pay Taxes on Private Sales Transactions?
WebSally owes no motor vehicle sales tax on her trade-down of vehicles. If Sally trades her $30,000 motor vehicle in a private-party transaction for a vehicle worth $20,000. Sally owes no motor vehicle tax because a trade-down has occurred. The other party has traded up and must pay motor vehicle tax on the $10,000 difference. WebA private-party transaction refers to a sale of a motor vehicle when neither party is a dealer. Private-party transactions include sales between family members, neighbors, businesses, certain trusts and other parties. When a motor vehicle is sold in a private-party … WebFeb 3, 2024 · PrivateAuto has a generous selection of used cars for sale in Austin, Houston, Dallas, El Paso, and elsewhere across the state of Texas. We offer security and convenience features no other competitor has, from in-app test drive scheduling to instantaneous … proin used for