06-22-2018, 07:25 AM
(06-22-2018, 04:04 AM)Sorg67_imp Wrote:(06-22-2018, 03:15 AM)CBRider_imp Wrote: I think some of the dealers who quote a really low sale price add more in fees that they don't tell you about until you are ready to buy. Some of them even charge over $100 to fill out the paperwork on a sale!
I think when dealers advertise a price it should be required to include everything except TTL.
Oh, and another thing about dealers advertising prices that don't include any fees that they add. It hurts resale values of used bikes of the same type.
People see a new CB1100 advertised at $5999 at a dealer and don't realize that there will be $1000 or more added in addition to sales tax and license fees.
Serious and informed buyers like Sorg67 are aware of that, but many guys aren't.
I'll get off the soapbox now...
I agree, however I do not know if dealer fees are subject to sales tax. I suppose that varies from state to state. But if dealer fees are not subject to sales tax then you save some sales tax if you pay $6K plus $1K dealer fees versus $7K plus zero dealer fee.
Regardless, it seems there should be a disclosure requirement as CBRider says. And it may hurt resale value. I wonder how Nada and Kelly Blue Book consider such things when the list their pricing.
There may be other issues with sales tax. I live in Florida but bought my bike in NC a couple years ago. Price was "$7500 out the door", with tax to be paid when registered in Florida. So I guess that price included all dealer fees / setup / delivery fees and I was prepared to pay tax on that.
BUT NC dealer wrote up paperwork as "$9500 minus $2000 Honda bonus cash" or some such words.
Local motor vehicle office (Tampa) interpreted that as "you paid $9500 and got $2000 rebate. Therefore you owe sales tax on $9500!"
Took more than an hour, talking with supervisors, phone calls back and forth with NC dealer, before I was a able to convince them I had NEVER given dealer $9500 NOR had I received $2000 cash back. Only after I suggested to dealer's finance person that she call the "bonus cash" a "dealer incentive" did the local bureau relent...