How is used vehicle sales tax calculated in ms?

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1229787

2026-07-20 15:50

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In Mississippi, the used vehicle sales tax is calculated based on the vehicle's sale price or its trade-in value, whichever is higher. The state imposes a sales tax rate of 5% on the sale price, with an additional local tax that can vary by county or municipality. To determine the total tax owed, you multiply the applicable tax rate by the sale price of the vehicle. It's important to check for any local taxes that may apply in your specific area.

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