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What is a VIN Number and why do we use it? The Vehicle Identification Number
(VIN) was originally described in ISO Standard 3779 in February 1977. It
was last revised in 1983. This VIN was designed to identify motor vehicles,
trailers, motorcycles and mopeds. |
Automobiles displaying low mileage. Odometer readings may be rolled back.
Its illegal in most state, but its easy. It is still a common occurance
in used cars.
Seller will not or cannot show you the repair orders or identity of former
owner(s).
Vehicle shipped from out-of-state or received in trade from another dealer.
See carfacts for more info. |
We are an association of consumer advocates that are sick and tired of the
dirty business practices of used auto dealers. We offer free
car fact checks to avoid rip-offs.
We outline ways for working class Americans to avoid buying lemons, suffering
financial loss and excess emotional distress at the hands of a greedy used
car dealership. |
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Used Car Taxes
Date: Mar 18, 2005
Contributor: Hillary Leeder
Used car tax exemption for 'poorest of the poor' defeated
A House committee rejected a bill Thursday that would give sales tax exemptions to those who buy more costly used vehicles.
House Bill 2713 would make used cars, trailers or semitrailers costing as much as $5,000 eligible for the tax exemption. Currently, used car buyers don't have to pay sales tax on a vehicle that costs less than $2,500.
The bill is co-sponsored by Reps. Pam Adcock, D-Little Rock, and Bill Pritchard, R-Elkins.
Pritchard said the bill would be a great way to help the "poorest of the poor," even though it would create a $10 million a year revenue shortage for the state.
"I don't think this is going to break the bank," Pritchard said. "Don't penalize these people. This is one of the good, fair (tax) cuts."
However, representatives from the Arkansas Education Association, the Arkansas Municipal League and the Arkansas Association of Counties, asked the committee to hold the line on further tax exemptions.
"It is so sad to speak against something that is so good," said AEA President Sid Johnson, adding that the teachers' union would not support any tax exemption that did not have a plan to replace lost revenue. "We have reached the end of the road on the sales tax in Arkansas."
For more information relating to "Used Car Taxes", please visit our Used Car Taxes page.
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