The cost of purchasing an automobile, whether new or old, has increased and is unlikely to go down anytime soon.
The sales tax is not a little addition to such a substantial purchase.
Sales tax on a brand-new vehicle may easily reach the hundreds of dollars in certain states or on specific models.
However, there are options for avoiding or significantly reducing sales tax when purchasing a secondhand vehicle.
The 9.5% sales tax that is in place in Los Angeles is not the norm throughout the country.
That's the sum of a state sales tax of 7.25 percent plus a local rate of 2.25 percent.