When I picked up our car from Jon, Calif sales tax was calculated/paid on the negotiated price of the car which included the destination charge, training fee, and MACO fee. The $1000 BMWNA rebate was then applied after taxes as part of our down payment. Apparently, this is standard in Calif. (Jerry wants his full pound of flesh).
Originally Posted by gerbs
Can anyone else comment on this...? Jon
come save the day please!
Does this discount come off the negotiated price which you THEN pay tax on,
or do you pay tax on the FULL amount of the vehicle, THEN get $1000 off the full amount?
My dealership seems to think it's the latter; where I have to pay tax on the full amount of the vehicle. Is this correct? So I am paying tax on $1,000 that I didn't really spend on the car?
If anyone can comment w/ their experiences it would be very helpful... Thanks in advance.
'03 325i OrBlu, MT, PP, SP
'01 X5 3.0 AlpWhite, AT, SP, CP
'89 325i Bronz, AT(retired)
'02 325i StlGrey, AT, PP, SP
'13 328i AlpWhite, AT8, Xenon, HK