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but I'm guessing those are post tax prices .. While in the US prices are pre-tax So if you saw the pretax figures it'd probably be true
by contrarian1234 1y ago
but I'm guessing those are post tax prices .. While in the US prices are pre-tax
So if you saw the pretax figures it'd probably be true
- diggan 1y ago> So if you saw the pretax figures it'd probably be true But why would I look at the pretax figures? Who would look at that, unless you're doing a business purchase? It basically has no meaning for the average person since they'll never buy anything without the taxes anyways.
- contrarian1234 1y agoBecause the title of the article is stated in pretax figures.... Apples to Oranges You might as well add in the lifetime maintenance costs while you're at it (would be very useful to know technically ... Maybe BYD makes it up on repairs or something)
- diggan 1y ago> Because the title of the article is stated in pretax figures.... How do you know that? Neither the submission article (hubspot) or the article referenced by the parent comment (gmauthority) mentions anything about the figures being pretax or posttax, why would they default to talking a price no one else would use? > You might as well add in the lifetime maintenance costs while you're at it If that's something you have to pay up front to get the car, then yeah, add it to whatever figures you reference. But I don't think that's how it works normally, so how is that the same thing at all?
- Retric 1y agoBecause US post tax figures vary by state so you can’t list a single number. https://worldpopulationreview.com/state-rankings/car-sales-tax-by-state https://worldpopulationreview.com/state-rankings/car-sales-t...
- arichard123 1y agoAmericans have complex post tax rules. I think their normal is a pre-tax figure. Also, it helps if you are comparing across territories I guess.
- washadjeffmad 1y agoThe submission says MSRP, which doesn't include tax, financing, title, or registration in the US. Americans paid $25k for $18k sticker price vehicles a decade ago. Now they're paying $32k for $25k vehicles. People I talk to who have new cars say their payments are from $500-800/mo, often for longer than 60 months. If my 20 year old Toyota ever quits, I'll probably build what amounts to a street legal go-kart and invest in another, larger cooler and freezer.
- mminer237 1y agoBecause sales tax in the US varies wildly by locality: https://upload.wikimedia.org/wikipedia/commons/8/8b/Sales_tax_by_county.webp https://upload.wikimedia.org/wikipedia/commons/8/8b/Sales_ta... Some places that is the price of the car.
- dylan604 1y agoI remember as a kid my parents making the decision on where to buy big ticket purchases based on tax rates. The local big city had a higher sales tax rate that the smaller big city further from us. I don't know when that no longer was true as the tax rate seems to be flat across the state now.
- runako 1y agoOthers are sharing the sales tax rates by state, which is not the same as the auto sales tax rate by state, which is typically lower. Notably, there are a few states with no auto sales tax. People have been known to cross state lines to purchase cars, to save a few hundred dollars on the purchase. In any case, a $10k vehicle is not going to cost over $11k post-tax in any state. https://worldpopulationreview.com/state-rankings/car-sales-tax-by-state https://worldpopulationreview.com/state-rankings/car-sales-t...
- kube-system 1y agoI've bought cars across state lines at least a half-dozen times, but the tax is always assessed at registration in the locality where I live.
- simiones 1y agoThat's how people in the USA typically talk about prices, and it is what all displayed prices in the USA (from food on the menu to car prices) represent. Since the article is talking about US car prices, it's the only relevant thing to compare. Otherwise, feel free to adjust $10k -> $12.5k or whatever the VAT is in your region.