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What is your maximum 'willingness to pay'?

Do you think I over paid?


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takemorepills

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Get onto it quick boys….
Also someone on Facebook posted this…looks like laws similar to Aus in California

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That law in CA refers to honesty in advertisement. Not prohibiting mark ups. Dealers just need to advertise any markups and ADMs they intend to ask for the vehicle, and not just sneak it in during negotiations, bait and switch
 

West Aussie

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That law in CA refers to honesty in advertisement. Not prohibiting mark ups. Dealers just need to advertise any markups and ADMs they intend to ask for the vehicle, and not just sneak it in during negotiations, bait and switch
Bummer…they certainly have it jigged to make the most of things for dealers and screw consumers
 

jezzza

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That law in CA refers to honesty in advertisement. Not prohibiting mark ups. Dealers just need to advertise any markups and ADMs they intend to ask for the vehicle, and not just sneak it in during negotiations, bait and switch
That's one of thing's I like about our advertising rules; price must be inclusive of all costs and taxes. Advertised amount is all you pay. No small print allowed.
 

Donalex

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That's one of thing's I like about our advertising rules; price must be inclusive of all costs and taxes. Advertised amount is all you pay. No small print allowed.
In regard to our so-called Truth in Advertising laws, you're not able to do that in the US. If there's a trade involved, the value of that item is deducted from the total, and tax is applied to the result.

Also, taxes are set by municipality, and buyers will pay that tax based on their residence, and not the location of the store.
 

jezzza

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Also, taxes are set by municipality, and buyers will pay that tax based on their residence, and not the location of the store.
Interesting, that I didn't know. I did wonder about tax implications of buying vehicles interstate.
 

Donalex

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Interesting, that I didn't know. I did wonder about tax implications of buying vehicles interstate.
Even the neighboring county could have a different tax rate.

Most states are "reciprocal" in that any taxes paid to Dealer State A will be transferred to Buyer State B. If the two states are not reciprocal, then it's up to the Buyer to register the car in their state. The dealer will coordinate to make sure the lien, if any, is recorded in the Buyer's state.
 

trackratZ

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That law in CA refers to honesty in advertisement. Not prohibiting mark ups. Dealers just need to advertise any markups and ADMs they intend to ask for the vehicle, and not just sneak it in during negotiations, bait and switch
Yep advertised price WILL include any ADMs printed on the window sticker. It's a disclosure.
 

siggy

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In regard to our so-called Truth in Advertising laws, you're not able to do that in the US. If there's a trade involved, the value of that item is deducted from the total, and tax is applied to the result.

Also, taxes are set by municipality, and buyers will pay that tax based on their residence, and not the location of the store.
Your last line is not entirely true. Kansas residents when purchasing in state pay the higher rate of dealership location (if purchasing from a dealership) or residence. KS vehicle sales tax is a scam for many reasons.
 

Z hope

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Everybody has different thoughts about the current craziness.

I am very firmly against ADM and markups because I consider it a "pandemic tax" which aggravates me to no end, the pandemic has been pure AIDS and totally unfair.

However, I quit my previous job last year and we won some backpay and Frontline worker pay due to the pandemic. They've been depositing into my account for the last 7 months. It's all money related to me working through the pandemic and my union negotiating reimbursement.
My wife and I added it all up, and it's about as much as what we all fear ADMs will be at.

So, I'm afraid I consider that enough to offset my personal inhibitions about markups, I'll probably be that guy who pays a steep markup, but only because my main hangup was compensated for.
Don’t do it. I’m getting the 1st at my dealer for MSRP. I’m sure you can find one at MSRP. By the time the Z hits the lots it maybe a different market.
 
 






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