How much is sales tax on a $20,000 car in Arkansas?

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asked Nov 6 in Insurance/Registration by Crackerscow (2,140 points)
How much is sales tax on a $20,000 car in Arkansas?

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answered Nov 13 by Terazakdll (8,570 points)
Sales tax on a $20,000.00 car in Arkansas is around 8.5% to 9.5% of the value of the car.

So the total sales tax for the $20,000.00 car in Arkansas between $1,700.00 to $1,900.00 depending on where you register the car in Arkansas.

You might pay as little as $1,300.00 depending on where you register it.

To avoid vehicle sales tax in Arkansas, the total consideration for the sale of the new or used motor vehicle has to be less than $4,000.00.

If the total consideration for the sale of the new or used motor vehicle in Arkansas is less than $4,000.00 then no sales tax is due on the vehicle.

You will, still have to pay personal property taxes on the vehicle after your register your vehicle in Arkansas.

But the personal property taxes on the vehicle will not be due until the following year and the actual personal property tax amount for the vehicle will depend on the assessed value.

Before registering your vehicle in Arkansas you have to take the title to the assessors office and have the vehicle assessed.

Then if no personal property taxes are owed, you can register the vehicle at the DMV office.

As for sales tax and local tax on a vehicle, an example would be a $20,000.00 vehicle.

In Arkansas if you have a $20,000.00 vehicle that you bought, you would pay around $625.00 in county tax as well as the state sales tax which would be around $1,300.00, although it can be as high as $1,700.00 to $1,900.00.

And so your total taxes including local tax and sales tax on the $20,000.00 vehicle in Arkansas would be around $1,925.00.

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