Several online sales tax and fees calculators are available that help you estimate how much you pay when purchasing a new car. State-specific sales tax calculators allow you to determine the estimated TTL for a car in Texas.Continue Reading
Purchasing a new vehicle can be expensive, especially when you consider the added cost of sales tax, title and license fees. By using a sales tax and fees calculator, you can better determine your financial commitment and create a more accurate budget when buying a new car.
Auto sales tax varies from state to state, which means a state-specific fee calculator results in more accurate estimates. Texas offers a free online calculator for determining sales and/or registration taxes. As of May 2014, this Standard Presumptive Calculator can be found on the Texas Department of Motor Vehicles website. This calculator estimates fees based on the vehicle identification number (VIN) and the vehicle’s odometer reading.
Other online resources also offer free tax, title, tag and fees calculators that allow users to calculate fees by state. For example, CarMax.com has a calculator that determines estimates based on state and vehicle price range.
Several other factors also determine tax and tags, including vehicle weight, the county the vehicle is registered in, the type of license plates requested and whether or not you have a trade-in.Learn more about Credit & Lending
Amendments to the Federal Trade Commission's telemarketing sales rule prohibit companies from charging fees for debt relief before settling or reducing interest rates. Initiatives such as public contests designed to track down and block robocallers are being used to combat telemarketing schemes, as reported on the Federal Trade Commission's website.Full Answer >
As of 2015, Canadian Tire MasterCard fees include a cash advance fee, not-sufficient-funds/dishonored payment fee, and charges for copies of a statement or sales receipt. Inactive accounts that carry a balance incur a credit balance fee, as stated by Canadian Tire Financial Services.Full Answer >
CEMA, or Consolidation, Extension and Modification Agreement, mortgages are available in the state of New York and help customers reduce tax costs, states Master Mortgage. CEMA is not a specific type of loan, but rather an agreement applied to the loan that reduces taxes owed, states the New York Times.Full Answer >
Tips for voluntary car repossession include communicating with the lender about the inability to make payments, discussing the time and place of surrender, and paying fees and the balance due after the lender sells the car, explains About.com. Customers also need to understand the potential impact on their credit scores.Full Answer >