Ouch. Remind me not to get in your way on Friday!LotusLust said:no luck wished from me. i hope a large truck takes it out in a hit and run when the car is parked and you lose your ass on it
With sales tax, license and a 2.5k premium, the actual cost was just near $50k.raggedy1 said:i believe bmc in SF charges 2.5K over sticker so the owner paid a little more than sticker for the car so that should be the starting point, no?
in sf and interested...
$40,930 Base 995 Star Shield 1,350 Touring Pack 795 Destination 45 doc prep 2,500 Extra dealer profit ------- 46,615 subtotal 3,613 7.75% sales tax (Rancho Mirage ) $349 license fee (est) 50,576 Total OTD
sales tax for the State of Texas is 6.25%Mean TT said:Are you sure that the sales tax for vehicles is not different? Here in Texas the car sales tax was something like 6.25%. Sales tax I think is 8.25% I know that they are different in different states.
Don't forget the sales tax on top of the $52k.Ground Loop said:So you get to pay the dude $1500 to put those first 500 miles on it for you.
Yeah, that makes it a 56 or 57K car depending on where you live. More like a 7K premium.Dan said:Don't forget the sales tax on top of the $52k.
Yes, but you also get a refund if you sell a used car. It's actually a very fair system. The original buyer pays the tax on the purchase price. From then on, the state doesn't get any more money. In a private transaction, the buyer pays tax on the price, while the seller gets a refund on the same amount.MikeRoberts44 said:Here in Missouri, we also pay sales tax on used cars.
You are a bit more optimistic in our State Government than I am. It actually works fairly well if you trade in your existing car for a more expensive one. In my case, I am planning to replace both my Elan and my DeLorean with the Elise. Missouri supposedly has a form to fill out for a partial refund of sales tax paid when you register a new car and separatly sell another one. I ordered that form on line over six months ago. It has not showed up yet. I would like to review the form because no one in the Department of Revenue seems to be able to tell me if I can deduct the sales price of both cars. They did mention that the separate sale has to be within six months of new car purchase.ConeFusion said:Yes, but you also get a refund if you sell a used car. It's actually a very fair system. The original buyer pays the tax on the purchase price. From then on, the state doesn't get any more money. In a private transaction, the buyer pays tax on the price, while the seller gets a refund on the same amount.
Of course it might not work as well if the car comes from a different state.