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Study on Auto Finance, Purchase Decisions - READ ONLY
21 messages, Last post on Oct 05, 2010 at 5:50 PM
You are in the Automotive News & Views-Archives Forum.What is this discussion about? Car Buying, Car Financing, Car Selling, Automotive News
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#19 of 21 taxes by rock1016
Oct 05, 2010 (10:20 am)
Can I pay the local taxes up front and not include them in the finance charge.
- steve_ (Oct 05, 2010 11:00 am)
- berri (Oct 05, 2010 5:50 pm)
Replies to this message:
#20 of 21 Re: taxes [rock1016] by steve_ HOST
Oct 05, 2010 (11:00 am)
Replying to: rock1016 (Oct 05, 2010 10:20 am)
Try the Vehicle Sales Tax Questions discussion.
#21 of 21 Re: taxes [rock1016] by berri
Oct 05, 2010 (5:50 pm)
Replying to: rock1016 (Oct 05, 2010 10:20 am)
Interest should just be charged against the net amount (selling price less down payment) you are financing. In most states the sales tax is based on the price you negotiated regardless of down payment made (some states let you deduct trade before calculating tax, but down payment still doesn't enter into it).
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