DR 0024N (08/31/21)
COLORADO DEPARTMENT OF REVENUE
Sales Tax Accounting Section
Denver CO 80261-0009
(303) 238-SERV (7378)
Tax.Colorado.gov
                                        Instructions for
                Standard Sales Tax Receipt for Vehicle Sales (DR 0024)
Sales and Use Tax on Vehicles Sales                             Form Instructions
In general, retailers, including auto dealers are required      Part 1. Retailer, Purchaser, and Vehicle Information
to collect sales tax on the purchase price of each motor        Enter the required  information  for the retailer, purchaser, 
vehicle they sell in Colorado and prepare a Standard            and vehicle  along with the required  information  for any 
Sales Tax Receipt for Vehicle   Sales (DR 0024) to              vehicle trade-in from the purchaser.
document the collection of tax.  This receipt must also 
be completed by any retailer that sells wheeled trailers,       Part 2. Sales/Use Tax on Vehicle Sale
semitrailers,  manufactured  homes,  special  mobile            With the sale of a motor vehicle, a retailer generally 
machinery, self-propelled construction equipment, or            must collect all state and state-administered sales taxes 
salvage vehicles. The DR 0024 must be submitted to the          applicable  to  the  location  at which  the  purchaser  takes 
county clerk along with the titling paperwork before title      possession  of  the  motor  vehicle.  However,  the  retailer 
and registration can be issued.                                 should not collect sales tax imposed by any city, county, 
                                                                or  special  district  unless  the  purchaser  is  a  resident  of 
Leased Motor Vehicles                                           that local jurisdiction and will be registering the vehicle in 
See Department  publication Sales  and  Use Tax Topics:         that local jurisdiction. Instead, any use tax imposed by the 
Motor Vehicles for detailed guidance regarding the taxation     city, county, and/or special district in which the purchaser 
of motor vehicles leased in Colorado.                           resides and in which the vehicle will be registered must be 
Retailers are not required to prepare a Standard Sales          paid to the county clerk before title and registration can 
Tax Receipt for Vehicle Sales (DR 0024) or collect sales        be issued. If the seller delivers the vehicle to the purchaser 
tax on the full purchase price of a motor vehicle sold to a     at the purchaser’s location,  the sale takes place  at that 
lessor if the lessor will collect sales tax from the lessee on  location and all relevant local sales taxes apply.
the lease payments. In such case, the retailer must collect     Any state and state-administered local sales tax the retailer  
sales tax from the lessee on any amount paid at signing         collects must be remitted to the Department with the 
and delivery and complete a  Tax Statement for Leased           retailer’s regular, monthly Colorado Retail Sales Tax Return 
Motor Vehicle    (DR 0026).                                     (DR 0100) and reported in the applicable column in Part 2 
If the lease is for a term of less than 36 months and the       of the DR 0024. Any local use tax the retailer collects must 
lessor has not received permission from the Department to       be remitted to the county clerk with the Standard Sales Tax 
collect sales tax on the lease payments, the retailer must      Receipt for Vehicle Sales (DR 0024) and reported in the 
collect sales tax from the lessor on the full purchase price    applicable column in Part 2 of the DR 0024.
of a motor vehicle in the same manner as any other motor        In calculating the sales and use tax reported in Part 2, the 
vehicle sale and prepare a Standard Sales Tax Receipt for       tax must be calculated  on the full purchase price of the 
Vehicle Sales (DR 0024).                                        motor vehicle.  The purchase price includes the full amount 
In the case of a lease requiring the lessee to make only        paid, or promised to be paid, by the buyer at the time of 
one payment, rather than periodic (e.g. monthly) payments,      purchase, excluding only any direct federal tax  and any 
the one payment made by the lessee may be subject to            state and local sales tax imposed on the sale.  Any fees the 
sales and/or use tax,  depending  on the duration of the        retailer charges that are not optional for the purchaser are 
lease and whether the lessor has received permission from       included in the taxable purchase price. 
the Department to  collect sales tax  on lease payments.        If the purchaser trades in a motor vehicle they own as part 
If the lease payment is taxable, the lessor or the retailer,    of a transaction to purchase the motor vehicle,  the fair 
whichever  receives the payment from the lessee, must           market value of the trade-in is excluded from the taxable 
collect the state and local sales and/or use tax from the       purchase price, so long as the motor vehicle the purchaser 
lessee, prepare a    Standard Sales Tax Receipt for Vehicle     trades in is subject to licensing and registration.  
Sales (DR 0024) to report the tax, and remit any applicable 
use taxes to the county clerk along with the titling paperwork. Part 3. Sales/Use Tax Payment for Home Rule City
                                                                If the vehicle will be registered in a home rule city, the retailer 
Home Rule Cities                                                must calculate and report any sales or use tax imposed by the 
Home rule cities may have different rules regarding  the        home rule city on the taxable amount as prescribed by the city.  
taxation of  motor vehicles sales. If  the vehicle is to  be 
registered in a home rule city, the retailer must complete      Part 4. Total Amount Due with DR 0024
Part 3 to report the home rule city tax due, if any, prior to   Enter the sum of the amounts entered  in Parts 2 and 3 
titling and registration.                                       under “Tax Remitted with DR 0024.” The retailer must remit 
                                                                the total amount due to the county clerk along  with the  
                                                                DR 0024 and the titling paperwork.