Apparently you did not thoroughly read what I posted ;)
In some states, the rebate is taxed, too. SO if you buy a $23,000 car
> with a rebate of $3,000, you pay tax on the $23,000, not $20,000.
> Michigan is one such state, IIRC.
Re: "CASH BACK" -- What Does This Mean In Auto Sales Talk? Does The Buyer Receive Actual Wallet-Ready Bills -- Or Is "Cash Back" Just Code For Cost Reduction?
Mar 24, 2009
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