Koons/beware

[Bigjb1987]

Yeah absolutely garbage rates from Chrysler capital. I Have excellent credit and still tried to give me those thrash rates, went with my credit union instead.

 

[Shanesrt8]

They are definitely double charging you for the destination...

 

[Jack Whitefield]

View attachment 33163

How are they coming up with 3517.92 sales tax?

 

[Jared43758]

Maybe Ohio tax

 

[Jack Whitefield]

Maybe Ohio tax

Ok, that makes sense. Ohio = 6.75%

 

[Shanesrt8]

Ok, that makes sense. Ohio = 6.75%

$39,716 x 6.75% is $2,680.83

 

[TVANVA]

I would suggest you look at the "out the door" price rather than focus on the car buying world of murky/shady/sketchy practices of fees, rebates, and incentives. The most important question - Is Koon's final price better than you can get locally?

For me, they beat the snot out of any prices I found locally AND I got to order the exact Ram I wanted without compromises. Yes, there were fees and I had to run the finance manager gauntlet, but that is standard practice at every dealership I have ever purchased from. Koon's was very upfront on their pricing (fees were listed starting with the first quote I received), Chrysler financing was competitive ($1000 finance incentive beat any bank rate I could find), I just had to say no to upsizing my fries with the finance guy, and I was out the door in two hours, a happy camper.

You can drive yourself nuts with the details that in a few months after purchasing, you won't even remember. $799 fee for paperwork? Seems crazy, but do you have time to audit the dealer to see what the paperwork actually costs them? High finance rate? If you get an incentive for financing with Chrysler, now you have to back calculate what the rate actually is after the incentive discount.

Final price is what really matters.

 

[Jared43758]

I thought the final price sucked

 

[Jack Whitefield]

$39,716 x 6.75% is $2,680.83

Auto sales tax is based off the original price, before rebates, incentives, etc.

 

[Ram92131]

They are definitely double charging you for the destination...

They aren’t double charging the destination, though it’s easy to conclude that. What they are doing is trying to show an artificially high dealer discount. They say “market value” as the selling price of the truck and make the gap between that price and MSRP appear $1695 bigger by adding back the freight charge further down the page. That’s why they don’t have a line item for “dealer discount” like they do for “factory incentive”.

I’d agree it’s a little shady. It seems like an unnecessary game to play but I guess if it didn’t work for them, they wouldn’t do it. Maybe they do it so that they can show “WOW” prices that are the lowest possible number on the internet, boosting their “low price leader” reputation.

 

[Jared43758]

Can I do better

So I’m pricing a 3500 tradesman cc, with the aisin. I have got my dealer down to friends and family price, minus all 1640 hold back, zero processing fee, minus all rebates, and $1000 for my 2001 Escape I’m trading which is what I wanted, currently trying to get first oil filter and both fuel...

hdrams.com

 

[SpeedyV]

Auto sales tax is based off the original price, before rebates, incentives, etc.

Thats not quite correct, at least in Texas. My taxes were based on the negotiated vehicle price, including discounts and rebates (and not including any ‘extras’ such as the road hazard policy).

 

[Jako]

Thats not quite correct, at least in Texas. My taxes were based on the negotiated vehicle price, including discounts and rebates (and not including any ‘extras’ such as the road hazard policy).

In New York State/City there is sales tax on rebates (8.875%).

 

[SpeedyV]

In New York State/City there is sales tax on rebates (8.875%).

Ouch. We owe 6.25% on the actual “cash price” paid (after discounts).

 

[Ram92131]

In New York State/City there is sales tax on rebates (8.875%).

Same in California. That's 'blue' states for you... they need to soak every penny they can from you, comrade.

 

[Jako]

Same in California. That's 'blue' states for you... they need to soak every penny they can from you, comrade.

"Comrade" Yes - Our mayor now running for El Presidente honeymooned in Cuba.
California - at least you got the weather.

 

[User_3336]

Depends on the state.

"Generally" rebates and incentives are deducted at the very end, meaning they are taken off the very bottom lines in a bill of sale, after all taxes have been added.

In TN, you only pay sales tax on your "final negotiated price" of the vehicle you are purchasing, for example.

Auto sales tax is based off the original price, before rebates, incentives, etc.