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Comments
Base price = $30,500.00
+ CA sales tax @ 7.75% = $2363.75
+ Approx License & Title = $250.00
=> Approx OTD price = $33,113.75
I'm not sure, but I think you can deduct the sales tax from your taxes next year. Or at least that's what I've heard.
The sales tax deduction will be available to filers who choose to itemize their expenses on Schedule A.
You can claim the total sales taxes you actually paid based on the amounts shown on your receipts. Just be sure to hang onto those register tapes in case the Internal Revenue Service has a question about how you arrived at your deduction amount.
THE CATCH...This tax break isn't additive; it will require you to make an election. You must decide whether you want to deduct the sales taxes you paid or your state income tax amounts.
An obvious choice for residents of the seven states that do not collect state income taxes. California....does collect state income taxes....benefits and break-even depends on what state sales taxes are paid.
It's conceivable that people who buy a car in a location with a high sales tax and moderate state income tax would do better by foregoing their normal income tax deduction.
Ultimately...you will have to run the numbers when preparing your tax returns.
(nightcrawler....no I did not learn this through my cassette player and listening to books on tape...inside joke)
OTD 36000. Does it sound about a grand too high ?
With Navi it soulds like a good deal, Not without.
sorry i haven't responded, but since you are waiting on a 06 hopefully this info is still relevant and helpful. The two dealers that i have been talking to are gettel acura in sarasota and acura of orange park in jacksonville. both dealerships are awesome. i got the quotes off of the internet and the phone as well. the best price i got OTD was around 34,600? i actually didnt end up buying but will be doing so in a couple of months. i too want to see if the 06's have any changes. have u heard anything from any dealers in your area?
I find it useful for this forum for people to discuss prices without taxes and state licenses as the fees vary from state to state. It makes comparing prices easier...
Just the price of the car would do...I sure would appreciate it!!!
Thanks to all!!
Question now is: Has anyone ever heard about an inventory tax after TTL?? seems to me that's one of those useless out of the blue fees they throw at you... kind of like shaking you upside down for extra dough after you reached an agreement! :confuse:
Great deal! Congrats. I told you Vandergriff was good! Enjoy the car, I know I do...
My view is that if you have a decent dealer you are working with...that person should be able to locate and get the car of choice to you.
Also, a quick sales tax question. I have a choice of either selling my current car to a private party and applying the proceeds as the downpayment for Acura, or trading it in to the dealer. How does this affect the sales tax on TL? Is it calculated on the difference between the sales price and the trade-in? I am in California, by the way.
Thanks,
-Andrei
Destination is charged by the manufacturer, not the dealer and it's on the invoice ... any negotiations are done by the factory and have nothing to with the dealers, if there is any profit then the factory will see it (if any) .. it's also based on an average, that means the vehicles that go to Charleston SC and Boston have to be averaged out with the ones that go San Diego and Seattle ...
Terry.
any help would be greatly appreciated!
Thanks
Of course, you have to factor in a possible price increase. Any opinions on what that is likely to be?
Sorry if I'm repeating info thats already been posted but I heard from a buddy of mine that some dealers in the LA area are selling '05 TL w/ Nav OTD price of 34k and even 33k... I was just wondering if anyone has gotten similar deals, if so which dealerships?
Thanks!
The problem will come up about your selection...a 6sp manual, green TL with Navi is kind of rare...don't see to many on the street....and plus you have a trade....which you may or may not sell yourself...but the price is not bad...just be aware of the add on costs...which they will slap on you with once you get there....
What I would do is this....finalize all numbers before you even set foot on that lot...
get the cost of the car, sales tax, dealer fees, dmv fees, etc...and if they are unwilling to do that....you should raise the red flag warning...I just bought a car from an Acura dealer and everything was done through the internet and phone...the deal we agreed on was exactly what I paid once I arrive at the dealership...down to the exact penny...no surprises....
Good Luck!
Well, I bought mine around a month ago for 34,975 OTD TL with Navi in FLA.......I bought mine at Rick Starr in Ft Pierce Fl....The Jacksonville and West PB dealer were at 35,350 and 35,650 so I think u can get a deal in FL. I also got splash guards, Truck Tray and Wheel locks. The Jacksonville internet salesman was cool and he tried to work with me but I told him even if he could match my ft pierce deal I would have to travel over 2 hours to get the car and ft pierce was only 15mins away. ">
Base Price : $32,700
TX Sales tax @ 6.25%: $2043.75
Vehicle Inventory Tax: $83.12
Documentary fee: $50.00
Registration fee: $60.80
Title fee: $33.00
County Road & Bridge fee: $10.00
Inspection fee: $21.75
= Total out the door price : $35002.42
Car included tinted windows, floor mats, wheel locks, and navigation. According to dealer, the colors with bigest demand are Anthracite, Silver, and Black. So if you are looking Green, Blue, Red, or Gold, you might get a better deal. I spent about an hour an a half at the dealership, and salesman explained every single feature to me, so received great treatment. Both saleman and manager were REALLY concerned about getting good CSI scores (customer service....). Anyway, so I took the car which had only 2 miles, and drove it all the way to Austin (about 200 miles) which was about a 4 hour drive.....Navigation is awesome!!! and the car drives really nice. I will definitely recommend this dealership as I was treated well, and there was no switching of numbers in any way. Conducted all negotiations through phone and email, and made sure to receive an email with all the transaction details including OTD price before I went there. It seems that they had a bigger inventory at this dealership, so they were more willing to negotiate. :shades:
I have an offer on a TL w/NAV here in Atlanta for $32,865 plus $570 Destination - When I apply 7% sales tax, I get something on the order of $35,775 - Obviously quite a difference from earlier posts re the OTD. .
Also, my dealer had a $398 charge for 'other fees' in the initial payment section of the lease calculations. . Said it was Documentation fees - Sound right?
Long time lurker/First time poster - I've learned a lot on this site!
Thanks in advance.
Ok, that's what I suspected - Any thoughts on OTD?