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Smart Shopper Documentation Fees
667 messages, Last post on Sep 18, 2009 at 3:24 PM
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I signed up 'Retail Buyers Order' for a Vehicle at a TN dealer that is "in-transit". This is waht 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 9:19 am) http://tennessee.gov/revenue/taxguides/salesanduse.pdf page 12. I suggest posting in Stories from Sales Frontlines. There is at least one salesperson from TN in that topic and maybe more who can explain the taxes. http://townhall-talk.edmunds.com/direct/view/.f09ff51/45854#MSG45854
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Replying to: imidazol97 (Sep 07, 2009 12:31 pm) I found that same web site and ended up more confused. If you plug in the rates to the OPs figures it doesn't make sense. That same site DOES tell you how to apply for tax stamps to put on your illegal drugs though.  I agree, go to "Sales Stories" and ask joel. 
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Let's say you want to buy a car in Florida. I've read that the doc fees on new cars can top $600. What about used cars? If you buy a $4000 beater is it possible they would slap a $600 doc fee on that too? Or can you expect to pay a percentage of the purchase price?
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Replying to: oldfarmer50 (Sep 09, 2009 2:51 pm) |
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Replying to: oldfarmer50 (Sep 09, 2009 2:51 pm)
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Replying to: lrguy44 (Sep 09, 2009 2:59 pm) Yikes! So in theory the price of a $100 car could be raised 600% just due to fees. That's sick.  Still, I supose you just make your offer $600 light to compensate.
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Replying to: oldfarmer50 (Sep 10, 2009 6:41 am) That would be making an offer of negative $500.  "Hey dude, give me 500 dollars and I'll buy that $100 car." Might be worth a try. 
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Replying to: jipster (Sep 10, 2009 7:28 am) Didn't you ever look at a car and say "They couldn't PAY me enough to drive that car"? Now you know how much to ask.
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Dumb Old Customer |
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