Quote:
Originally Posted by spikey01
So, pay the tax collector his 8.25%. Let's say you ordered a passion with no options for $13500. Tax, destination and license fees make it $15500 out the door. You don't pay sales tax on sales tax. So the declared value would be $13500, or $1114 to the Gubernator. It's still less than what you would get reamed for an orphan. Would your friend pay $1114 to avoid waiting for 18 months?
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Umm...not something I would do. You'd be paying top dollar for a used car. And that's something to consider when financing, insuring the vehicle, and at re-sale.
The point of my post was that there's no free lunch--- and no "dollar sale". Market value taxes will be paid at each transaction.
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