VIT Tax

Thread Tools
 
Rate Thread
 
Old Mar 19, 2014 | 08:25 PM
  #1  
AMNERD's Avatar
Thread Starter
|
Registered User
Joined: Jun 2012
Posts: 17
From: Texas
Rep Power: 0
AMNERD is infamous around these parts
VIT Tax

Hello Everyone

Looking forward to a new TTS but was looking over
the 'estimated' sales tax and it didn't add up to the 6.25%
that charged here in TX. Asked my sales assoc. and he said the gap is due to the 'vehicle inventory tax' that the state charges. Never heard of it before and did some research and it's not something that is required to be paid by the buyer.

Any other owners here in Texas pay this? It's not a lot (less than $500) but I didn't get a penny off of msrp.
 
Old Mar 21, 2014 | 05:15 AM
  #2  
jdhodge's Avatar
Registered User
Joined: Jan 2010
Posts: 63
From: Houston
Rep Power: 20
jdhodge is infamous around these partsjdhodge is infamous around these parts
Every new car that I have bought has the inventory tax. It is not required by law but the dealers charge for it anyway.
 
Old Mar 21, 2014 | 12:36 PM
  #3  
ThunderRolls's Avatar
Registered User
Joined: Nov 2009
Posts: 360
From: Deep South
Rep Power: 37
ThunderRolls is a name known to allThunderRolls is a name known to allThunderRolls is a name known to allThunderRolls is a name known to allThunderRolls is a name known to allThunderRolls is a name known to all
I'll be the first to say don't get hung up on a few hundred bucks when you are buying a car like this. Secondly ( and not to you personally) dealers will make up all sorts of BS to get you to write a bigger check. Of course they have a VIT. They also have income taxes. Wait for the income tax add on LOL.
 
Old Mar 23, 2014 | 10:08 AM
  #4  
AMNERD's Avatar
Thread Starter
|
Registered User
Joined: Jun 2012
Posts: 17
From: Texas
Rep Power: 0
AMNERD is infamous around these parts
Thanks for the replies. Picked her up couple days ago and very happy!! The VIT was just one of those irksome car buying things.
I'm sure I paid it somehow with last purchase...AM V12 vantage.
Sold it to get the TTS. New baby is incredible but that v12 is something special too. Just wish I had enough $$$ to own both
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
cayguy0521
Cayenne 958
4
Oct 8, 2015 12:37 PM
SteveH
Automobiles For Sale
1
Oct 6, 2015 10:05 AM



You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -6. The time now is 11:01 PM.