A tax credit/refund may be available within three (3) months before or after purchasing a new vehicle.
A tax credit may be applied toward the tax due at the time of registration for a vehicle registered to you and sold three (3) months before the purchase. A tax refund may be applied for when a vehicle is registered to you and sold within three (3) months after purchasing a different vehicle. Contact the Department of Motor Vehicles for further information.
I bought a new car in Florida and paid "Vermont" tax. Now I have sold my old car, can I get a tax refund?
No, not from Vermont.
Several states, including Florida, will collect taxes equal to the rate of your home state. In this example, the Vermont tax is 6%, so they will charge you 6% tax. That tax money is not transferred to Vermont. The only way to get any portion of it refunded to you is to contact the state that collected the tax.
No, you may gift your personally owned vehicle to anyone you choose, but the plates belong to you, not the vehicle. The new owner must apply for new plates and registration under their name.
Exception: some low-number plates can be transferred to a family member.
The documentation fee, which represents a charge for the preparation and handling of sale documents regardless of whether or not the vehicle is financed, should be included in the overall purchase price of the vehicle and is therefore subject to the Purchase and Use Tax.