Taxes and Fees for a NJ Resident Buying a Car in NY

 

Buying a car in New York as a New Jersey resident involves navigating different state taxes and fees. Here's a breakdown to help you budget and understand the process:

Taxes:

New York Sales Tax:

• You'll be subject to New York's sales tax of 8.875% on the vehicle's purchase price.

New Jersey Sales Tax:

• No, you won't pay New Jersey sales tax again since you already paid sales tax in New York (avoiding double taxation).

Fees:

New York Title Transfer Fee:

• $50 for vehicles under 6,000 lbs, $54 for heavier vehicles.

New York Registration Fee:

• Based on the vehicle's weight and age (consult the NYS DMV website for details).

New Jersey Registration Fee:

• You'll likely need to pay a prorated New Jersey registration fee based on the remaining registration period of your new car.

Other Potential Fees:

• Additional fees might apply depending on the circumstances, such as:
  • Air quality test (required for specific counties in NY)
  • Late fees for delayed registration
  • Dealer processing fees (negotiable)

Important Notes:

• NYC Residents:

  • If you live in New York City, you'll be subject to an additional Metropolitan Commuter Transportation Authority (MTA) tax on top of the state sales tax and registration fees.

• Proof of New York Sales Tax Paid:

  • Keep the bill of sale and any sales tax receipts as proof for New Jersey, demonstrating you paid sales tax already.

• Exemptions:

• Certain individuals, like military personnel on active duty, might be exempt from some fees. Research and confirm eligibility.

• Dealerships We Trust

  Tijara Autos New Jersey: Tijara Autos offers a diverse inventory, catering to various preferences and budgets. From sleek sedans to robust SUVs, Pickup Trucks, and wagons.  Tijara Autos in New Jersey has earned its reputation as a standout used car dealership in New Jersey by prioritizing transparency, employing a knowledgeable staff. The positive Google reviews of Tijara Autos New Jersey serve as a testament to the dealership's commitment to customer satisfaction. 

  Cars.com Offers a wide selection of certified pre-owned vehicles.

  Cargurus.com : Boasts excellent customer service ratings.

  Remember: This is not an exhaustive list, and independent research is crucial.

  Read More From us:

  A Guide to Buying a Used Car in Pennsylvania Without Plates

  Guide To Mastering The Used Car Buying Game

  Guide to Buying a Car in Pennsylvania and Registering It in New Jersey

  Registration Costs When Buying a Used Car in New Jersey

  Sales Tax Considerations for Buying a Car in Pennsylvania and Living in New Jersey

Recommendations:

1. Research:

   • Consult both New York and New Jersey DMV websites for the latest fee schedules and any updates.

2. Budget:

   • Factor in all potential taxes and fees when negotiating the car price to avoid budget surprises.

3. Documentation:

   • Keep all paperwork related to the purchase and registration process for potential future reference.

4. Seek Professional Advice:

• Consider consulting a tax professional for specific guidance based on your individual circumstances.
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By understanding these taxes and fees, you can approach the car-buying process in New York as a New Jersey resident with confidence and ensure a smooth experience. Safe travels on your car-buying journey!