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Thread: Red Book Value?

  1. #1
    samisee
    Guest

    Red Book Value?

    Hello everyone,

    I posted this once but it was probably in the wrong place (buy/sell). I am looking to purchase an automatic 2016 premium.

    If I purchase the vehicle from a private seller, I understand that I would pay taxes when I register the car. Does anyone have access to red book values? If I purchase it for $24,000, any idea what amount would be taxed? I know they look at the value of the car or the red book, whichever is higher.

    Thanks for any help you can provide!

  2. #2
    Super Moderator Stephen06GT's Avatar
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    Mar 2014
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    Bolton
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    11,164
    Quote Originally Posted by samisee View Post
    Hello everyone,

    I posted this once but it was probably in the wrong place (buy/sell). I am looking to purchase an automatic 2016 premium.

    If I purchase the vehicle from a private seller, I understand that I would pay taxes when I register the car. Does anyone have access to red book values? If I purchase it for $24,000, any idea what amount would be taxed? I know they look at the value of the car or the red book, whichever is higher.

    Thanks for any help you can provide!
    Replied to your other post.

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