So none of my friends know the answer to this question, so I thought I would throw it out here and see if anyone knows.
As some of you know, I am looking at buying a new car. My question is what will I get taxed on? The price of the vehicle (27, 590 - 2,500rebates) or the remaining sum of the new car price, after trade in, down payment, and rebates?
Someone told me it just depended on how the dealership wrote it up. Obviously I hope they tax me on the remaining balance (aprox $10,000), that would lower my car payment!!
Also, does anyone work at a Ford dealership that could get me some inside information on how cheap I can get an 09 Escape for? I am trying to get the best deal possible!!
Thanks for any tips/advice!!
As some of you know, I am looking at buying a new car. My question is what will I get taxed on? The price of the vehicle (27, 590 - 2,500rebates) or the remaining sum of the new car price, after trade in, down payment, and rebates?
Someone told me it just depended on how the dealership wrote it up. Obviously I hope they tax me on the remaining balance (aprox $10,000), that would lower my car payment!!
Also, does anyone work at a Ford dealership that could get me some inside information on how cheap I can get an 09 Escape for? I am trying to get the best deal possible!!
Thanks for any tips/advice!!