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by jb2012
Sat Apr 22, 2023 5:42 am
Forum: Off-Topic
Topic: Out Of State Vehicle Purchase
Replies: 19
Views: 4849

Re: Out Of State Vehicle Purchase

wheelgun1958 wrote: Mon Apr 10, 2023 6:58 pm
srothstein wrote: Sun Apr 02, 2023 7:43 pmAlso, if you buy it here,yo pay the sales tax on the actual price of the vehicle, but if you buy it out of state you have to pay the sales tax on the retail book value of the vehicle. That is rarely what you think it will be or close to what you paid.
It's now the standard presumptive value or actual price paid, whichever is higher.

https://www.txdmv.gov/standard-presumptive-calculator
Looks like SPV for the trucks I am looking at is MUCH lower than the sales price would be, so nothing more than the standard 6.25% sales tax that would be assessed regardless.


As for the comments regarding Carvana and associated business, I tend to stay away anyway. I like buying from name brand dealerships (Ford/GM), as I've had better luck period. I've heard many horror stories about Carvana.
by jb2012
Mon Apr 03, 2023 5:12 pm
Forum: Off-Topic
Topic: Out Of State Vehicle Purchase
Replies: 19
Views: 4849

Re: Out Of State Vehicle Purchase

The Annoyed Man wrote: Sun Apr 02, 2023 10:05 pm
C-dub wrote: Sun Apr 02, 2023 8:19 pm I suspect that the market around is not too much different anywhere else right now. It's been miserable for a couple years now. Dealers can barely, if at all, keep new vehicles on their lot and that's driving up the used market. You probably already know this. For anything worth getting or for what each person wants the window is very narrow because there will probably be a dozen other people that want that vehicle or are willing to settle for that vehicle because what they want is nowhere in sight.

A couple of years ago my sister drove 500 miles to Kansas City to get the vehicle she wanted instead of waiting for it here.
I frequently fingerprint owners of independent use car dealerships who are renewing their dealer licenses. Several times, I’ve been told that at the beginning of the pandemic, used car sales were off the chart because US car manufacturers were unable to get the chips necessary to build their cars, and delivery of new inventory to dealers was increasingly difficult. But 3 years in to the pandemic now, and most of the nation's used car inventory has been sold, and now it’s really hard for used car dealers to get inventory that they can make a profit on. Add to it the fact that the economy is affecting everybody’s wallets, and those that have are inclined to keep.
Actually, out of state I'm finding quite a few that are $5,000-$7,000 less than what is available around me. Some as close as Oklahoma. Most dealers within a 200-300 mile radius are asking $63,000+ (for what I'm looking for), and I'm seeing comparable models in the high 50's elsewhere. This is looking at cars.com, auto trader, and big name dealer's websites. I'm starting to maybe consider a Chevy/GMC with the L5P, due to the price difference locally.
by jb2012
Sun Apr 02, 2023 1:59 pm
Forum: Off-Topic
Topic: Out Of State Vehicle Purchase
Replies: 19
Views: 4849

Re: Out Of State Vehicle Purchase

03Lightningrocks wrote: Sun Apr 02, 2023 1:39 pm The big issue for me is not knowing how trustworthy the mechanic in another state might be. Unless you know someone already, it would be a crap shoot.
LDB415 wrote: Sun Apr 02, 2023 12:54 pm The only question would be how much added to the cost paying for the on-site mechanic inspection, how reliable and trustworthy it will be, travel to and from where it is, cost getting it back etc. and whether that makes one locally that you can inspect worth it or not. Good luck.
Both bring up good points. I definitely wouldn't do it, if the price of a plane ticket, fuel, and an inspection was closing in on the price difference of buying one locally. Just on principle I couldn't pay that much for something sight unseen, so I would have to wait until I saw it in person to sign the deal. I would really be using a mechanic to make sure it was worth my time and money to travel. I have seen first hand about how a dealer can make a vehicle appear much better in pictures than in person. As far as reliability, I'm pretty confident in the 6.7 powerstroke, and know what to look for myself if I made it to a dealer. I think my biggest concern would be flying across the country, and finding the truck to not meet me standards. Then paying for another last minute flight home, only to start the process over.
by jb2012
Sun Apr 02, 2023 12:32 pm
Forum: Off-Topic
Topic: Out Of State Vehicle Purchase
Replies: 19
Views: 4849

Out Of State Vehicle Purchase

I'm looking for a diesel Ford 3/4 ton Lariat, 2017+ (50k miles or less) and the market around here is a joke. Dealers asking almost MSRP, if not more on a 5 year old truck. However, I have found a number out of state that fit the bill, but have never ventured down that road. I'm very mechanically inclined - therefore extremely picky, and would have to have a mechanic look at it before I traveled somewhere. Has anyone here ever done this before? Is this a bad idea?

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