Cautionary Notes for Auction Bidders

#19

01-21-2026, 01:49 AM

Formula455SD Formula455SD is offline

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Quote:

Originally Posted by olredalert

----I'm not even sure this is pertinent, but if a seller buys back his own car wouldn't he be responsible for whatever sales tax he owed his own state? There would be auction paperwork reflecting the sale figure....Bill S

Seller would have to pay the buyer and seller premium to the auction. If title is not transferred the sale has technically not been made. If a sale is not made... sales tax would not be collected.

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