Dear Terry, I want to buy a car and send it to Romania. Do I have to pay taxes on the car if I do not drive it in the United States? -- CristinaDear Cristina, Sales taxes are assessed by the state in which you register the car. If you buy a car without registering it because you plan to ship it overseas, you likely won't have to pay sales tax. However, there may be import duties and taxes owed on the car in Romania. Check with the company you plan to use to ship the car. Here are this week's reader questions:•$100 fill-up coming to pump near you•Do I have to pay taxes on a car I'm using overseas?•How can a co-signer protect his rights?•Do down payments differ at credit unions?If you have a question for Terry, e-mail him at Driving for Dollars. Save money on your car -- sign up for Bankrate's new weekend Car & Money newsletter advertisementRelated Links:7 best off-to-college carsNational auto loan averagesWhat changes auto loan rates?Related Articles:All new cars for 20105 steps to 'clunker' dealTake the 'cash back?'
Dear Terry, I want to buy a car and send it to Romania. Do I have to pay taxes on the car if I do not drive it in the United States? -- Cristina
Dear Cristina, Sales taxes are assessed by the state in which you register the car. If you buy a car without registering it because you plan to ship it overseas, you likely won't have to pay sales tax. However, there may be import duties and taxes owed on the car in Romania. Check with the company you plan to use to ship the car.
If you have a question for Terry, e-mail him at Driving for Dollars. Save money on your car -- sign up for Bankrate's new weekend Car & Money newsletter
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