Kentucky actually switched to paying taxes only on the trade amount a few years ago. Someone quickly realized how much money in tax revenue that was and made the switch back. My dealer complains all the time that the state makes more money, through taxes, off his cars than he does. I know for a FACT in Kentucky you pay on the price of the new car, not the difference. I have paid it many times. Like I said before, sucks, but true. I've also learned that my local bank can always beat my dealer on financing. Don't tell your dealer anything about your finances. Get the best price you can and tell him you'll be back with a check.
Yep I already learned that lesson the hard way too LOL .. But that is why I am going there with 2 approved loans in hand .. that should help to give them incentive to sell to me .. and motivate them to give me a good deal .. I mean it's like walking in with cash in a big suitcase .. they will be seeing dollar signs .. and if they mess around I will just get up and go to the next dealer .. someone eventually will take my money
Yes, but that rate is usually without the rebate. I take the rebate and find my own financing and am usually dollars ahead. Some dealers also charge a fee for filling out all the paperwork. Compare final monthly payments and you may be surprised. A lower rate won't always give you the lowest payment. It depends on what else has been added on and whether or not you get the rebate.
Well you all were right .. persistance paid off .. and I found one for 19k... Thanks again for all the advice !! .. Here she is ..
