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Car Buying Timing for the Best Deal

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    #16
    Originally posted by backtoschool View Post
    Don't they have to pay some sort of tax on the cars in their inventory? Not sales taxes, but their taxable income would depend on the inventory sitting on the lot at the beginning of the year versus the inventory sitting on the lot at the end of the year I thought. Also isn't there an inventory tax in a lot of states?
    No

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      #17
      Originally posted by TheExpert View Post
      No
      Could you elaborate? Many states have inventory taxes.
      You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

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        #18
        Originally posted by backtoschool View Post
        Could you elaborate? Many states have inventory taxes.
        No.... Google is your friend.

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