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02-21-2009, 05:24 PM
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#1 |
 Drives: yellow/bl. hood stripes-ss/rs Join Date: Dec 2008
Location: ohio
Posts: 247
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anyone know about this for sure??
under the new 780 billion stimulis bill passed last week --it says anyone buying a new car in 2009 will not pay sales tax!!!!!!!!!! is this at the dealer??? or is it taken off as a deduction at tax time
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02-21-2009, 05:28 PM
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#2 |
    
Drives: "Bmblbee" 2010 RY 2SS/RS. VIN 12043 Join Date: Oct 2008
Location: Waldorf, Maryland
Posts: 1,266
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deduction at tax time. Won't do you any good today. :(
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02-21-2009, 05:54 PM
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#3 |
 Drives: 92 300ZX TT 2007 Silverado Join Date: Jan 2009
Location: Denver, CO
Posts: 328
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There is also a max write off of 49,950 and you must make under 125,000 if single and under 250,000 combined if filing married.
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02-21-2009, 05:58 PM
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#4 | |
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Drives: yellow/bl. hood stripes-ss/rs Join Date: Dec 2008
Location: ohio
Posts: 247
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what do you mean
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IM single and get about 60,000 tax free a year. |
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02-21-2009, 06:02 PM
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#5 | |
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Drives: 92 300ZX TT 2007 Silverado Join Date: Jan 2009
Location: Denver, CO
Posts: 328
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Quote:
Max write off on a vehicle for sales tax not you. So if you buy Z06 for 70k dollars you will not be able to write off the sales tax on 70k they will cap you at 49,950. |
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02-21-2009, 06:03 PM
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#6 | |
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Drives: yellow/bl. hood stripes-ss/rs Join Date: Dec 2008
Location: ohio
Posts: 247
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ohh so this is a tax time deduction
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02-22-2009, 03:48 PM
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#7 |
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Camaro Disciple
Drives: Camaro, Chevelle, Corvette... Join Date: Jan 2007
Location: +45° 23' 30.0588", -122° 48' 7.3296"
Posts: 658
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Well, that sucks because in Oregon we don't pay sales tax. They nail us on our property and income tax!
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How the Disciples help Chevrolet and Being a Camaro Disciple
http://modernclassicsauto.com '68 Chevelle Malibu Coupe; '67 Chevelle Wagon; '99 Convertible Camaro SS #0069; '07 Z06; '06 Silverado Crew Cab 2500 4x4 dually; '14 Sonic RS Hatchback |
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02-22-2009, 03:57 PM
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#8 |
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Drives: 02 Grand Prix, 99 Z71 10 SS/RS Join Date: Jun 2008
Location: WI
Posts: 231
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I'd rather NOT have to pay it then to get a deduction on my year end taxes. We get slammed with all three.......... Sales, Property and Income taxes! :(
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2SS/RS, Manual, Cyber Grey Metallic, Black Interior, Midnight Silver Wheels and a Bad Attitude.
"Some cars look like they're going fast when they're standing still. The Camaro looks like it's going to beat you unconscious, put you in a silly hat, invite a couple of other Camaros over to take photos of you, then e-mail them to all your friends and co-workers. Call me crazy, but I like that in a car." Aaron Gold, About.com  |
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02-22-2009, 04:02 PM
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#9 |
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Delivered 29June09
Drives: Early Order Camaro Join Date: Nov 2008
Location: St. Louis, MO
Posts: 411
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This is a bunch of BS anyway....all this stimulus package is doing is writing a check that our kids will have to repay later.
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02-22-2009, 04:49 PM
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#10 | |
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to Z or not to Z
Drives: 99 S10 ZR2 Join Date: Apr 2008
Location: Fallon NV
Posts: 722
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Quote:
You will be saving around $2-3,000 in taxes when you buy the car.  'We' will be paying the tax, then not get taxed on the money that we paid in sales tax... so we will save a few hundred bucks at the end of the year.
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 99 S-10 ZR2 06 GMC Z71 - - - sold... getting ready for my Camaro 02 Z28 - - - sold :( miss it! Last edited by chadrcr; 02-22-2009 at 04:49 PM. Reason: 700 |
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02-22-2009, 04:51 PM
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#11 | |
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The Krazzy bytch
Drives: Which car I have 9 vehicles? Join Date: Jun 2008
Location: Yelm, wa, Hell if I think about it to much
Posts: 7,918
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