In recent times, sales tax has become increasingly relevant in various contexts. Shouldn't Tesla deduct my Trade-in before taxes are calculated?. Calculating Sales Tax for a New Car Purchase With a Trade-In In 42 out of the 50 states, when you trade in a car to purchase a new one, you will get some sort of sales tax credit on the value of your trade. The amount of tax you pay depends on what you are buying, what your trade is worth and your state's sales tax policies. How is Tesla calculating sales tax and RTA tax?. Building on this, sales tax isn't based upon MSRP, that's only the RTA tax that uses MSRP.
From another angle, sales tax is based upon full purchase price of $54,790. As @camminich says, they got the wrong location (but they used Seattle, not Lynnwood or Bellevue). Seattle vehicle tax rate is 10.55% vs Bellevue at 10.4% and Lynwood at 10.8%. ($54,790) (.1055)=$5780.35.
For RTA tax, looks like Tesla used an MSRP of $54,000 for you ... Sales tax on an out of state purchase from TESLA. There are no TESLA stores in the state I live in. Initially sales invoice showed the sales tax of the state I am picking up because the Financing company I chose was also in the same state. After getting a loan from Aliant CU, I wasn't required to pay the sales tax for the state I was picking...
Out of state purchase | Tesla Motors Club. I'm currently in FL for the winter but am a resident of a state that doesn't have sales tax. I ordered a new vehicle that is in stock with FL delivery center and Tesla Advisor is saying that it can only be registered in FL, GA, or AL and that I would have to order a car in my state or a nearby state that allows registration in my state. Santander / US Bank Lease Buyouts Now Available [02.07.2025].
How would sales tax and title registration work in this case? Do we need to pay for it separately? Additionally, license and registration is already paid for annually.
You would just continue to pay it. I would expect the fees to be included in the buyout. Sales Tax - Up front or wrapped in finance? Moreover, the Tesla website calculator and payment estimator requires state sales tax to be paid upfront in addition to the down payment for Tesla’s loan option.
Other manufacturers typically finance the sales tax. Is this normal for Tesla to not finance the sales tax? Is that not an option when...
Lease Question (Sales Tax) | Tesla Motors Club. I'm aware of paying sales tax on the monthly payment, but this makes much more sense that we pay sales tax on the entire amount of the fixed depreciation, split between the portioned monthly payment and the drive-off.
📝 Summary
As we've seen, sales tax serves as a valuable field that deserves consideration. Moving forward, continued learning in this area will deliver deeper understanding and value.