Buying cars out of state is becoming increasingly common. According to an article by Automotive News, the average distance car buyers travel to find cars has significantly increased since the advent of the internet. And it’s understandable when considering how wildly prices can fluctuate from state to state. Some markets are notoriously tougher than others, and you might be surprised at some of the deals you could get even in a neighboring state.
But buying a car out of state comes with certain rules and limitations, and these could end up negating any savings you make. Let’s take a look at whether buying a car out of state would be a good idea for you.
You Could Make Great Savings by Buying Out of State
Going out of state can get you savings not only on used vehicles but on new ones too. Prices on new vehicles vary from state to state, and you may find special deals in certain states that you won’t be able to get in yours. This is why we suggest that you check out manufacturers’ regional websites to see if you can find zero percent financing deals somewhere. These could help you save thousands over your car’s lifespan if you want to finance it, so don’t take these savings lightly.
It is a Good Option for Rare Finds
If you want to get your hands on a 1974 Westfalia or a 1964 Coupe Deville, you may have little choice but to go out of state, especially if you’re from a scarcely populated one. Certain types of vehicles can also be very rare in certain states or cities and very popular in other ones. So, you can use the laws of supply and demand to your advantage and find a city or neighborhood that has a large inventory of the vehicle you are looking for.
You Might Not Be Able to Drive it Out
One thing you should know about buying an out-of-state vehicle, however, is that there may be limits as to what you can do with it once you buy it. Some states will allow you to get a temporary license plate for the vehicle, but that’s not the case everywhere. Some states will have you go through a much more grueling process, and you might want to consider working with a vehicle shipper to get the vehicle to your home state and have it registered there instead.
You will have to assess the cost of moving the vehicle and all the other costs related to buying the car in the state in question before you make your decision. If you’re looking for a reliable and affordable vehicle shipper, you should check out acertusdelivers.com right now.
You Will Still Have to Pay State Sales Tax
Note that you will still have to pay sales tax in your state when buying an out-of-state vehicle. If you buy the car from the dealership, they may charge you tax on the spot and relay it to the proper agency in your home state. If you buy the vehicle from a private seller, you may have to pay sales tax on registration, though you will have to consult with your local DMV.
Now that you know some of the advantages and disadvantages of buying a car out of state, you’ll have a better idea of whether it could work for you or not. Explore your options but don’t automatically assume that a cheap price is worth going miles away to search for a vehicle.