When you purchase a used car from a private seller, you will need to complete and submit a Form MV-1, Application for Certificate of Title, to the Georgia Department of Revenue (DOR). On the form, you will be required to list the purchase price of the vehicle and calculate the sales tax due. You will then need to pay the sales tax to the DOR before you can receive your certificate of title.
If you do not pay the sales tax when you purchase a used car from a private seller, you may be subject to penalties and interest. The DOR may also file a lien against your vehicle until the sales tax is paid.
Here are some additional things to keep in mind when purchasing a used car from a private seller in Georgia:
* You will need to have the vehicle inspected by a licensed mechanic before you can register it.
* The seller must provide you with a bill of sale that includes the following information:
* The names of the buyer and seller
* The date of the sale
* The make, model, and year of the vehicle
* The VIN number of the vehicle
* The purchase price of the vehicle
* You will need to transfer the title of the vehicle to your name within 30 days of the sale.
* If you did not pay sales tax to the seller when you purchased the car, you are responsible for paying it to the Georgia Department of Revenue when you apply to transfer the title.