Question

What type of costs associated with purchasing a car are determined by the state of purchase?

Answer 1

Answer:

Tax credits

State licensing fees

State taxes

Step-by-step explanation:

Tax credits- Usually referred to as a tax deduction. States such as California have an electric car tax credit to encourage transition from carbon-fueled cars to electric or hybrid cars.

State licensing fees-Cars are usually registered in the state in which they are purchased. As such you have to pay the state's licensing fee during car purchase.

State taxes-Different states have different sales tax charged on new, used or leased cars.