Interesting story from the AP
General Motors is taking a seemingly odd approach to falling sales of pickup trucks: It's raising prices. The company says the price of the 2014 Chevrolet Silverado will go up almost $2,100. Full S...
Forum Discussion
DutchmenSport wrote:
You pay sales tax on the full price. But when you get the rebate, do you EVER get the sales tax back?
Not sure what State you live in, but here we pay tax on the purchase price not the list price on the sticker.
If sticker is $40,000 and there are $2,500 in rebates and say the dealer knocks $1,500 off you pay taxes on $36,000 not the $40,000. Now if you put a down payment of say $20,000 you still pay tax on the down payment money.
If you get Sears to knock off $200 on a $2,200 refrigerator you would pay tax on the $2,000 not the $2,200 right? Why would a car be different?
Don
