They gave me two options. Either I wait and be billed by the state or have my monthly payment increased and they will include it. What is my best option?
2007-10-26 03:05:03 · 8 answers · asked by Danielle 2 in Cars & Transportation ➔ Buying & Selling
The tax amount is 1300. The note will go up 20. The 20 isn't much, but when i made the deal I explained that I couldn't go any higher than what the pmt was set at. I can't afford to go higher on the note because I am putting my self through college, and I don't have 1300 just sitting around. If i am billed by the state would I owe it all at once?
2007-10-26 03:32:19 · update #1
Its in Texas.
2007-10-26 05:53:23 · update #2
You actually have THREE options.
Include the sales tax in your payment.
Pay the sales tax up front to the dealer.
Wait to be billed by the state.
If your tax does not get paid, the state will (after a grace period) take your car away from you (and it will most likely be sold at auction to cover your tax bill).
This is a very rare mistake to happen, but you are responsible for paying your tax, regardless of whether or not the deal collects it.
This may have been a shady dealer, but it was most likely an honest mistake.
TRY THIS:
Ask the dealer if they would be willing to eat the tax, since it was their mistake. Tell them that you are not able to afford the new higher payment and you do not have the cash to pay the tax in one lump sum.
They are not required to do so, but if you ask nicely (without yelling or whining), they may be willing to work something out with you (pay the tax, split the bill with you, free oil changes, etc.), so that they can keep a happy customer.
EDIT:
Texas may have some exception that I haven't heard of, but sales tax is always due as one lump sum. Which is why most people have the dealership collect the tax for them and work it into the payment.
2007-10-26 03:37:22 · answer #1 · answered by Matthew Stewart 5 · 0⤊ 1⤋
Did they send in for your license plates? Do you have the plates ? Is there a space for state taxes on the contract? What's in the line for state taxes? A zero, or is the line blank?
When you and they signed the contract for the car, there was a total price for the car at the bottom of the contract. This should have included all costs for purchasing that car.
Coming back after delivering the car to you with an extra cost that should have been included seems to me a bit over the top. It was their mistake.
At the least, I think it is a point of negotiation. At the most, I believe it is in your favor and their mistake to eat.
Since taxes can be several thousand dollars, a consultation with a lawyer, and a letter from that lawyer will cost you a few hundred dollars at most and may save you thousands.
2007-10-26 03:15:11 · answer #2 · answered by Dan H 7 · 1⤊ 2⤋
I think it would depend on how much the tax bill would be and whether or not you have 0% financing. Call the dealership and ask them how much the bill from the state would be. Then find out how much more your payment will be. If you don't get 0% financing, then you're paying interest on that sales tax until you pay the car off.
2007-10-26 03:10:41 · answer #3 · answered by burghgirl 3 · 1⤊ 1⤋
It all depends on the contract you and them signed. If the line on the contract that states how much sales tax was due is filled in with a number other then zero, then you need to talk with a lawyer. In most states if sales tax was filled in on the contract and it is wrong then the dealer has to adjust their end and eat the mistake. If the line was left blank or had a zero then talk with a lawyer. In most states you will be resposible for the tax.
2007-10-26 09:21:48 · answer #4 · answered by Opinions are just like... 2 · 1⤊ 1⤋
I agree with the previous 2 posters. If they messed up on the calculations and the contract has been signed, they eat any mistakes they made! It's worth the argument. Like any purchase, if the retailer makes a mistake, they eat it. Otherwise, let the state bill you.
EDIT: a similar question like yours was asked a while ago. Check it out below.
2007-10-26 03:22:50 · answer #5 · answered by Mr. Len 5 · 1⤊ 2⤋
Take the car back and tell them you are no longer interested.
This is a trick that dealers are using to get you approved for a payment you cant afford
2007-10-26 03:10:40 · answer #6 · answered by pablo35escobar 4 · 0⤊ 2⤋
you owe.dont mess with the state. pay up. let the state bill you.
2007-10-26 03:11:49 · answer #7 · answered by windybrr 3 · 2⤊ 0⤋
What state? This sounds like a scam to get more money from you.
2007-10-26 05:47:30 · answer #8 · answered by Otto 7 · 1⤊ 1⤋