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Old 11-23-2009, 11:09 AM
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HoodPin HoodPin is offline
 
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Location: Monrovia, MD
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Quote:
Originally Posted by Eric S View Post
Might be naiive, but I was assuming that if I planned ot sell it I would title it one day and sell it the next. Of course, that might set off red flags at DMV...

A friend lives in Loudoun county and has a boat that he stores on the bay in MD so he gets out of the tax that way. Unfortunately, I think Fairfax County may be worse than other counties in that you have to pay the Fairfax county tax regardless of where it is stored.
AFAIK, the DMV doesn't care if you title the car one day, and then sell the car the next (at least in MD). But getting it titled will require the payment of purchase tax; I know this is the case in MD, and probably in DC. Not sure about VA. In MD its a 5% tax to title a car, even if not registered for the street (separate registration fees).
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