And the only way to be tax exempt is if you have a tax credit letter from insurance company which you sometimes get if your car is totaled.
5+ Arkansas Used Car Sales Tax
Background. These are more typical if you buy the car from the dealership as opposed to a private party. Multiply the purchase price of the used vehicle by the arkansas sales tax rate of 6.5 percent to determine the sales tax you need to pay when you buy a use.
Bramlett Motors Car Dealer In Hope Ar from cdn05.carsforsale.com
Do you pay sales tax if buying a new car from dealer in oklahoma but living in arkansas? It may seem hard to understand, but it's not an if you spend $7,000 on a car and an additional $1,000 on improvements but you sell the car for $7,000, it's considered a capital loss, and you don't need to pay tax on the sale. Find the most recent arkansas sales tax rate lookup by city.
I knew i would be paying sales tax on the vehicle, but will i be required to pay the sales tax in both states?
Select the arkansas city from the list of popular cities below to see its current sales tax rate. Find the most recent arkansas sales tax rate lookup by city. You can find these fees further down on the page. Central auto sales has access to customized financing including the unique 99 cents down payment program to customers with no credit or bad credit on a huge selection of quality used cars.
