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The other missing factor here is who is paying the sales tax on this $80,000 car. That's $6000 at a 7.5% rate, due on "purchase".
by smackfu 14y ago
The other missing factor here is who is paying the sales tax on this $80,000 car. That's $6000 at a 7.5% rate, due on "purchase".
- matwood 14y agoDepends on the state. Some states cap the sales tax on an auto purchase. IIRC, in SC it's capped at $350. Then of course you get the property tax bill about a month later assuming you didn't transfer tags.
- smackfu 14y agoTrue. I think people just need to be wary that no matter how Tesla works the numbers, you are still buying an $80k vehicle at the end of the day.