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Sales Tax on an automobile purchase in most states, is paid upon Registration, not purchase. Any new car dealership you opt to do business with, will surely know how to deal with the situation. FYI. There are (5) states that do not have a sales tax on automobiles. I happen to be a resident of one of them. That can get into a sticky situation, as some states will charge you a Sales Tax when you register a vehicle that has previously been registered in a non-sales tax state . It typically depends on how longer it was registered in the other state. With automobiles, it's a fairly straight forward process. Airplanes & boats are horse of another color ... that can be a horror show. |
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Scammers
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You should report them to the Sheriff and Consumer Affairs. Otherwise, they will continue scamming Villagers and others. It’s very helpful that you saved all the texts and emails. |
Yesterday, I was told by Hyundai in Clermont that they charge everyone $474 for the title and tag transfer fee, even though the actual Florida fee is less than $100. They do this because some customers owe money to the state, and that if they don't, the state will send the customer a refund within about 2 weeks. This didn't sound correct, so I asked the DMV to confirm what the Hyundai guy told me. The DMV lady said that the dealer had lied to me, and that they would never send a refund. Go figure.
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Go out of this area.
If you want to get ripped off by dealers with their 'fees' then shop in this area, if not then get an out the door price on the phone from several dealers & be prepared to go out of state. We have a long weekend away & go to Tennessee & get great deals.
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Dealers are essentially paid the exact same amount of money for Warranty Work, as they're paid for Customer Paid repairs. Most every state has a "parity" law that requires Manufacturers to pay the same rate. Florida's is not exactly a parity law, but close enough (Chapter 320 Section 696 - 2011 Florida Statutes - The Florida Senate) Manufacturer Paid Warranty work is huge revenue producer for Automobile dealers and their Franchise Agreement requires them to do it, for any owner of vehicles from the specific manufacturer. |
Snow birds buy out of state
Last new car we bought near Rochester NY. No additional fees and dealer had a third party that for $100 took care of Florida registration, plate transfer and sales tax payment.
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Never say Im'a cash buyer...Go in with the lowest acceptable down payment, and lowest acceptable monthlies..Annual precent Rate(APR), monthlies very high for six years, but not important..For the banks to buy this deal, car has to be heavily discounted.. Dealers expect to profit on the back end..Make one, or two payments (if required)..Then cash out, for a great deal... : )
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Do your homework so your prepared. Know what dealer cost is for the vehicle you want to buy. Once you know this then contact ONLY the internet manager at the dealership. Only deal with this person. You can do this online or by phone. Get your firm out the door price including EVERYTHING. Make your appointment with this internet manager to do the paperwork and drive the vehicle home.
You will save thousands. |
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Because of current market conditions, dealers are counting on the "back end" to provide additional profits. This "profit" is usually close to 75% of the profit from Dealer Cost to Retail Sales price. In other words, the Dealer may double his anticipated profit, if he provides the financing. All that said, banks do put some limit on the amount they will finance, but it's usually higher than MSRP, depending on a person's credit. The caveat, is some Retail Installment Contracts have a pre-payment penalty. I'm not sure if Florida allows pre-payment penalties. |
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I guess neither of us has changed our opinions since then, have we? I like dealing with salespeople. |
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If I negotiate will only do so with the guy who has the authority. |
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While we waited for the deal to be written up, we had a nice discussion about the history of science with the salesman. Afterwards, we bought a $100 gift certificate for the local supermarket and sent it to the salesman. Quote:
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Rather deal with a Florida dealer with its large fee structure and ridiculous price-up in addition to the MSRP, we flew to NY and bought a new Hyundai SUV from a dealer there. We paid full MSRP, as we expected, but the fees were much lower and there was no price-up added to the MSRP, and we were very happy with the deal. We saved way more than the cost of travel up there and the drive home.
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Jenkins has really good service but caveat emptor at their dealerships.
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I won't do business with them, but that's not due to their business decision to only service carts they sell. I think they're way over-priced and have a captive market. As a consumer, I've chosen not to pay their prices. As a business person, I'd love to operate in such an environment. |
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We bought our first new car in 1972 and it cost $2700. Thirteen years later we bought another very similar new car and it cost $11,000, which was four times as much. Inflation was pretty miserable in those days. |
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