Here is a breakdown of the taxes and fees that may apply to a private used car sale in Atlanta:
1. Sales Tax: As mentioned earlier, sales tax is not collected by the seller in a private used car sale. Instead, the buyer may have to pay sales tax when they register the vehicle with the Georgia Department of Revenue (DOR). The sales tax is based on the purchase price of the car, and the current rate in Georgia is 7%.
2. Title Transfer Fee: When transferring the title of a used car from the seller to the buyer, a title transfer fee is required. This fee varies depending on the county in Georgia where the title transfer is processed, but it typically ranges between $15 to $20.
3. Registration Fee: In addition to the title transfer fee, buyers of used cars are required to pay a registration fee. The registration fee is also based on the county where the vehicle is registered and typically ranges between $20 to $30.
It's important to note that these fees and taxes may vary over time, so it is advisable to check with the Georgia DOR or the county tax office for the most up-to-date information on private used car sales.