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hcsf
LIF Adolescent
Member since 8/07 792 total posts
Name:
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Buying a new car - price
I am looking into buying a GM car. GM is offering a rebate, where does that come off on the bill of sale? Before or after the tax. I also have GM points on my credit card. Same question, how does that work on the bill?
Forgot to mention our trade in also...wondering how that works too.
Thanks!
Message edited 3/7/2013 3:09:15 PM.
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Posted 3/7/13 3:04 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
PaddysGirl
Little princess is here!
Member since 4/07 5923 total posts
Name:
Crystal
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Buying a new car - price
I am pretty sure it it before taxes. We used GM points towards our car lease.
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| Posted 3/7/13 3:06 PM |
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MrsMick
Baby #2 debuts in March 2016!
Member since 9/09 1977 total posts
Name:
Michele
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Buying a new car - price
Before taxes. Hubby purchased a Chevy and got a rebate, and used his GM Card points which were deducted before taxes.
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| Posted 3/7/13 3:55 PM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Buying a new car - price
Rebates are typically done after tax.
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| Posted 3/7/13 4:35 PM |
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SlurpeeDad
LIF Adolescent
Member since 1/11 713 total posts
Name:
SlurpeeDad
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Re: Buying a new car - price
Posted by ave1024
Rebates are typically done after tax.
This is what I thought. Isn't the rebate a form of payment, therefore you would have to pay tax on it.
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| Posted 3/7/13 4:55 PM |
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CunningOne
***
Member since 5/05 26975 total posts
Name:
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Re: Buying a new car - price
I just purchased through GM, using my card points for rebates, etc. Everything was totaled, taxes added, and then the rebate was taken off. So taxes were done before rebate.
As far as the trade, here is how my bill of sales reads:
Total cost
+ Taxes
+ MV fees
- Trade Equity
- Rebate
Message edited 3/7/2013 5:33:54 PM.
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| Posted 3/7/13 5:30 PM |
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