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TRUCK BUYERS BEWARE * USA - It could haunt truckers purchasing used trucks
Florida,NY,USA -Land Line Magazine -27 July 2009: --While out on the road recently, OOIDA member Jim Cancel of Florida, NY, found a used truck in Tennessee he was interested in buying... Cancel said that on the surface the deal seemed too good to pass up. The truck was in good condition, the dealership was eager to negotiate, his bank seemed willing to work with him on the loan, but that something still wasn’t sitting right with him... Then Cancel said he remembered reading an article in the June issue of Land Line Magazine about some OOIDA members who have had their Highway Vehicle Use Tax – HVUT – applications rejected after purchasing a used truck because the previous owner owes back HVUT. If that truck has run in New York before and the previous owner owes back HVUT, the lien follows the truck’s Vehicle Identification Number, not the previous owner... One phone call to the New York State Taxation and Finance Department confirmed that the used truck was not “free and clear” at all...
Labels: used trucks
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