greenleaf
Well-known member
California's sales tax to revert to 2008 levels on 7/1/2011
In case you missed it, CA's sales tax is slated to revert back to 2008 levels (1% less) on 7/1/2011. It looks very unlikely that the higher tax will be extended in time for 7/1.
So if somehow your delivery gets pushed a few days into July, you get to save about $340 in sales tax. Of course this is nothing if you loses out on the CA EV rebate ...
EDIT: VLF will also drop from 1.15% to 0.65%. So you will pay 1.5% less in taxes if the vehicle is purchased in July. This saves about $500 in taxes.
In case you missed it, CA's sales tax is slated to revert back to 2008 levels (1% less) on 7/1/2011. It looks very unlikely that the higher tax will be extended in time for 7/1.
So if somehow your delivery gets pushed a few days into July, you get to save about $340 in sales tax. Of course this is nothing if you loses out on the CA EV rebate ...
EDIT: VLF will also drop from 1.15% to 0.65%. So you will pay 1.5% less in taxes if the vehicle is purchased in July. This saves about $500 in taxes.