The buyer will pay the sales tax when they transfer the car into their name. The seller will pay property tax on the vehicle up untll the day the car is transfered into the buyers name. Transfer the car on the day of the sale.
Not if you buy the vehicle from an individual
No
You cannot return a used car except to get it repaired if it was sold with a warranty. If it was sold "as is" then you will pay for any repairs. The Buyers Remorse law does not apply to the purchase of any vehicle new or used.
Legally he has to pay income tax on the net profit from the sale. It is income and therefore is taxable.
Buyer pays tax.
== == The operative word here is SALES TAX. Which is collected when a car is SOLD. If you SOLD the car, then sales tax is due on that sale amount.
You don't have to pay the individual but when you go to title the vehicle at the DMV they will asses you 3% of the sales price or $35 (which ever is greatest).
The buyer pays the sales tax.
Depends on the laws in California, and wheather you sold the car "As Is". If you sold it as is, then normally the answer would be NO.
They will auction the car and you will have to pay the difference of what you owe and what the car sold for.
Yes, you pay tax, but not to the individual unless he has a dealer's license. Normally you will pay the tax when you register the car in your name. They will ask how much you paid for the car and the tax is based on that.
I checked with my local tag office today and they said you do not have to pay tax if the vehicle is purchased from a private owner.