How do you calculate the sales tax on used cars in Arkansas?

Answer

Arkansas used car sales tax depends on the trade-in credit of the previous vehicle. The car sales tax is the difference between the new vehicle and the amount received from the old vehicle.
Q&A Related to "How do you calculate the sales tax on used cars..."
1. Calculate the total sale price of the used car. For example, a car costs $5,000. 2. Compare the price to $2,500. If the price is above $2,500, there is sales tax. If the price
http://www.ehow.com/how_6723246_figure-sales-tax-u...
If the car is $2500 or less there is no sales tax.Actually its 2499, at least in Pope county.
http://wiki.answers.com/Q/What_is_the_used_car_sal...
$390 is the state sales tax! The sales tax rate in
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in my state (RI) car sales tax is the same as the regular sales tax. and the only way to be tax exempt is if you have a tax credit letter from insurance company which you sometimes
http://answers.yahoo.com/question/index?qid=200904...
2 Additional Answers
Ask.com Answer for: how to figure arkansas sales tax on used cars
How to Figure Arkansas Sales Tax on Used Cars
When you buy or sell a car in Arkansas, you need to take into account the state's sales tax. Not all car transactions involve a sales tax; the sales tax will depend on the price of the car. If you pay less than $2,500 for a used car, you will not need... More »
Difficulty: Moderate
Source: www.ehow.com
As of December 19, 2012, if the price of a used vehicle is under $4000.00 a person in Arkansas will not have to pay sales tax. The previous cut off for no sales tax was $2500.00 until January 2012. On all used vehicles over $4000.00 the sales tax is 6% of the total price of the vehicle. 
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