What is the Minimum Tax Value for Selling a Car in Texas?

January 27, 2012

When selling a car in Texas, you are not required to pay the sales tax, the buyer is. Understanding the tax amounts to be paid, though, can be good. It can help you to answer questions with certainty should they arise. The tax value of a car sold by a dealer is the sale price. In the case of a non-dealer, it is either the sale price or the standard presumptive value, whichever is higher. The standard presumptive value is based on the price a car typically sells for in Texas, based on model and year. The value is updated weekly.

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