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Smart Shopper Out The Door (OTD) Pricing questions
228 messages, Last post on Sep 07, 2009 at 1:13 PM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Replying to: audia8q (Aug 01, 2006 6:04 am)
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Replying to: mirth (Aug 01, 2006 7:52 am) |
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I signed 'Retail Buyers Order' for a Vehicle at a TN dealer that is "in-transit". This is what the buyers order says. MSRP: 31800.00 Business Tax: 96.60 Doc Fee: 399.00 sub-total: 32295.60 state sales tax: 2260.00 Local sales tax: 80.00 License Fee: 117.00 Temporary Tag: 5.50 ------------------------- Total: 34758.00 Rebate: 1250.00 ----------------------------- Total (after rebate): 33508.79 What is confusing us is tax percent in TN is 9.25%, but 2260 tax is 7.1% of 31800? I don't know what they mean by by business tax. Can someone explain these numbers? Thanks in advance.
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Replying to: mavenone (Sep 07, 2009 10:59 am) This is how the numbers work out: 0.07×$32,295.60 = $2,260.69 which looks like you paid state sales tax on the business tax (double taxation!). Can anyone verify? tidester, host SUVs and Smart Shopper |
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