Trailer buying question.

Discussion in 'Trucks and Trailers' started by Shawns Lawns, Feb 17, 2006.

  1. Shawns Lawns

    Shawns Lawns LawnSite Senior Member
    from Maine
    Posts: 638

    If you buy a trailer and you are trading one at the time of purchase do you have to pay sales tax on the difference, like with a vehicle or do you have to pay the full retail of taxes??:waving:
     
  2. Shawns Lawns

    Shawns Lawns LawnSite Senior Member
    from Maine
    Posts: 638

    Hello any input would be appreciated. Thanks :waving:
     
  3. DLS1

    DLS1 LawnSite Bronze Member
    Posts: 1,619

    Not sure. I imagine each state has different rules. Call your local license bureau.
     
  4. i_plant_art

    i_plant_art LawnSite Senior Member
    Posts: 558

    you will pay the difference. your paying taxes on the $$ amount not so much the item itself. taxes on the item itself is called property tax, somethign that is paid yearly on the items your business owns.
     

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