Ok, so just wanted to see if I could clarify this....
I live in AZ. If I purchase a used car out of state via Private Party, I come back, register in AZ, and I do not pay the sales tax on the car. I only pay Vehicle License Tax (VLT) based off the DMV's equation (AZ DMV Equation
So for example, a 2013 BMW M5 based off that equation would be roughly a $1500 tax charge. Where as a new 2013 BMW M5 from a dealer here in AZ locally, the taxes would be $8370 based of the 9.30% sales tax.
Is that correct?
Also, how do the taxes work if I purchased a used car from a dealer out of state?
Thanks for the clarification, been reading conflicting information on the internet.