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Thread: GL tax question
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Old 12-28-2009, 16:53   #8 (permalink)
Warthog
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Quote:
Originally Posted by a68cudas View Post
....when do you get billed the sales tax for the auction ? before the sf97 form and do they tag that on your credit card bill along with purchase price and GL 10% ???
You get billed for the Sales Price, 10% fee and State Sales Tax when you win the vehicle. They put it on the credit card you used to bid unless you make other arrangements with GL in advance.

Then you wait for your EUC to clear (if required). Anywhere from 5 days to 3 months. You can then pickup the vehicle.

Then you pay GL another $60 for the SF-97 and wait an additional 30 days.

After you receive the SF-97 then you go to you tag agent and get your titlle (of course for the additional sales tax and title fee)

In Oklahoma, you have 30 days from the date of the SALE to register the vehicle. Then a $1 per day penilty kicks in. This adds up until the registration fee doubles.

By the time GL gets all the paperwork inorder the cost of titling the trucks has doubled.
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Last edited by Warthog; 12-28-2009 at 16:59.
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