07-13-2012, 10:55 PM
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#14 (permalink)
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Track Member
Join Date: Jun 2009
Location: San Diego
Posts: 661
Drives: 2015 GT-R
Rep Power: 17
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Quote:
Originally Posted by andre12031948
It's a small matter but I would like to understand it. $32,000-$12,000(trade)=$20,000. Tax on $20,000 around $1,500? + stuff $200? That adds up to $21,800apx. Even if you took $32,000+tax+stuff that would be $33,800 with tax & stuff. Lets make it an even $34,000. Where did the other $1,000 bucks go? 
Let's see your purchase order or it never happened.  |
OP is in California. California does not give credit for trade-ins. So the tax was on $32,000 which is $2640 in tax because San Jose has a 8.25% tax rate.
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