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From the IRS website:
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The American Recovery and Reinvestment Act permits taxpayers to take a deduction for state and local sales and excise taxes paid on the purchase of new cars, light trucks, motor homes and motorcycles. The deduction is available on new vehicles purchased from Feb. 17, 2009, through Dec. 31, 2009. In states that don't have a sales tax, the law provides a deduction for other taxes or fees paid. This deduction is available whether or not a taxpayer itemizes deductions on Schedule A.
The deduction is limited to the taxes and fees paid on up to $49,500 of the purchase price of an eligible vehicle. The deduction is reduced for joint filers with modified adjusted gross incomes (MAGI) between $250,000 and $260,000 and other taxpayers with MAGI between $125,000 and $135,000. Taxpayers with higher incomes do not qualify.
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Plus it doesn't matter if you pay it upfront or include the tax in your financing (but not lease, apparently).
Back to the PGAX5's original question.... I get the same crap from dealers in the Dallas area. For some reason, they don't want to mess with MSDs, and they are very reluctant to come off the max money factor mark up of 0.0004. It's a fight for everything. I had to go to a dealer almost 200 miles away (Garlyn Shelton in Bryan) to get a decent lease deal on my current vehicle. Don't be afraid to look outside of your area. Houston has a bunch of BMW dealers.
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2008 X5 4.8i, Jet Black, Tobacco Nevada leather & just about everything else (no vent. seats, no 3rd row)
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