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02-12-2009, 02:33 PM | #1 |
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Will the new Ca. sales tax hit my 1er?
I read today that a compromise was struck and the long awaited California budget is expected to pass on Friday. In it there is an added 1% sales tax and a near doubling on car registration tax.
Does anyone here know how soon the sales tax increase will hit? I'm taking deliver very soon (early March) and it could make more than a $500 price difference in the purchase price of my car. |
02-22-2009, 02:46 PM | #2 |
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The 1% sales tax increase arrives April 1st.
VLF goes up .50 to 1.15% in mid-May Looks like you are good.
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BMW Performance Power Kit - Exhaust - Short Shifter - Suspension Last edited by Hans Delbruck; 02-22-2009 at 03:30 PM.. |
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03-04-2009, 02:10 PM | #3 |
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03-04-2009, 03:10 PM | #4 |
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if you take US delivery in CA after Apr 1st then you are screwed even if you ordered the car months ago prior to the legislation.
The tax increase is based on the contract date or the registration date (the legislation mentions both dates). If you buy a car in CA for US delivery then the contact date is always the registration date. If you do Euro Delivery you *may* be able to avoid the tax by paying before Apr 1 as the contact date is different from the registration date. |
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03-10-2009, 02:58 PM | #5 | |
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Drives: E92 335i TiAg/E46 323i TiAg
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Quote:
I have a directive to apply new tax rates into our Financials system, effective April 1. And yes, I see the increase in my vehicle registration, which I received yesterday, due May.
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03-10-2009, 07:01 PM | #6 | |
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I suppose I could spend my savings on the M sport goodies,... |
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