How much is the sales tax on a new boat in TN ?
Sales tax?
- Thread starter RUGER
- Start date
Omega
Well-Known Member
About 10% like most everything else.
Omega
Well-Known Member
No, unfortunately not, and they will even tax it if you buy it out of state, then tack on some additional %s:
County Clerk Sales and Use Tax Manual for Automobiles & Boats
They definitely gig ya every chance they get that's for sure.
Omega
Well-Known Member
I was wrong, looking at their book a bit closer and doing the simple calculation of price/tax, the rate seems to be 7.82%, still high but not as bad as 10%
7% plus 2.25 for local, warranty and other taxes(basically comes out to 44 bucks each.
you can use the state calculator for your county to compute it.
secure.tncountyclerk.com
you can use the state calculator for your county to compute it.
What You Need to Renew Registration in Tennessee | TNCountyClerk.com
TN registration renewal.
secure.tncountyclerk.com
Something to consider if private sale....
You register the boat, not the outboard and therefore pay sales tax on the boat when you register it. If I was buying a boat tomorrow, I'd buy it in 3 separate transactions and get a bill of sale for each:
1. Hull
2. Outboard
3. Trailer(do you have to register the trailer in TN? I'm not sure)
When I registered it, I would only give the bill of sale for the hull(boat) unless I needed to register the trailer as well.
This is common practice in FL for private sales. Doesn't work at a dealership as they collect sales tax at time of purchase on the whole package.
You register the boat, not the outboard and therefore pay sales tax on the boat when you register it. If I was buying a boat tomorrow, I'd buy it in 3 separate transactions and get a bill of sale for each:
1. Hull
2. Outboard
3. Trailer(do you have to register the trailer in TN? I'm not sure)
When I registered it, I would only give the bill of sale for the hull(boat) unless I needed to register the trailer as well.
This is common practice in FL for private sales. Doesn't work at a dealership as they collect sales tax at time of purchase on the whole package.
That's always what I did. Pay taxes on the BOAT only. They don't need to know what you have on it and no trailers do not need registration unless it's commercial I believe
just dont try it in benton county or you will get caught. every since the county clerk and her husband was arrested for a little "discount" they investigate low ball values now.
FLTENNHUNTER1
Well-Known Member
Whatever you choose to do, do it legally.
Never owned a boat but I always figure $100 tax on each thousand when I buy something.
No idea. I can't afford a NEW boat. Those are for RICH folks!
FLTENNHUNTER1
Well-Known Member
Make sure you follow break in instructions for motor exactly as recommended.
The break in isn't near as bad as I expected.
10 hours and for the first 2 don't get over 4,500 rpm then after that for the next 8 you can use full throttle but not for more than 1 minute out of every 10 and don't hold a steady rpm for over 15 min.
I might be off on my minutes but basically vary your speed alot and don't hold it at one speed for very long.
I got it wrote down at home exactly what he told me.
Hey, at least I didn't knock the fender off on the way home !! LOLNo idea. I can't afford a NEW boat. Those are for RICH folks!
Yeah, we heard the story.
@rem270
Inferior fender welds according to the boat's owner. Who am I to argue?Hey, at least I didn't knock the fender off on the way home !! LOL
Yeah, we heard the story.
@rem270
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Well the story we heard is you were ready to get home doing 85mph and got to the house and one fender was gone and one hanging on by a thread
Inferior fender welds according to the boat's owner. Who am I to argue?Well the story we heard is you were ready to get home doing 85mph and got to the house and one fender was gone and one hanging on by a thread
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