Will the new Ca. sales tax hit my 1er?

singular · 02-12-2009, 02:33 PM

I read today that a compromise was struck and the long awaited California budget is expected to pass on Friday. In it there is an added 1% sales tax and a near doubling on car registration tax.

Does anyone here know how soon the sales tax increase will hit?

I'm taking deliver very soon (early March) and it could make more than a $500 price difference in the purchase price of my car.

Hans Delbruck · 02-22-2009, 02:46 PM

The 1% sales tax increase arrives April 1st.

VLF goes up .50 to 1.15% in mid-May

Looks like you are good.

singular · 03-04-2009, 02:10 PM

Quote:

Originally Posted by Hans Delbruck

The 1% sales tax increase arrives April 1st.

VLF goes up .50 to 1.15% in mid-May

Looks like you are good.

Just took delivery yesterday, thankfully.

No 1% sales increase and VLF still on the old rate - so I'm good for the year, anyway.

nordique14 · 03-04-2009, 03:10 PM

if you take US delivery in CA after Apr 1st then you are screwed even if you ordered the car months ago prior to the legislation.

The tax increase is based on the contract date or the registration date (the legislation mentions both dates). If you buy a car in CA for US delivery then the contact date is always the registration date. If you do Euro Delivery you *may* be able to avoid the tax by paying before Apr 1 as the contact date is different from the registration date.

e92phreak · 03-10-2009, 02:58 PM

Quote:

Originally Posted by Hans Delbruck

The 1% sales tax increase arrives April 1st.

VLF goes up .50 to 1.15% in mid-May

Looks like you are good.

I have a directive to apply new tax rates into our Financials system, effective April 1.

And yes, I see the increase in my vehicle registration, which I received yesterday, due May.

singular · 03-10-2009, 07:01 PM

Quote:

Originally Posted by e92phreak

I have a directive to apply new tax rates into our Financials system, effective April 1.

And yes, I see the increase in my vehicle registration, which I received yesterday, due May.

Glad I slipped under the wire. I just missed the M sport package by a couple of days when I ordered, but my consolation prize is no 1% sales tax increase, .5% less registration, and two months free payments (total $1500) on the BMW finance package. All told my 1er would have cost me about $2500 more after April 1.

I suppose I could spend my savings on the M sport goodies,...

HachiNi · 03-11-2009, 01:30 PM

glad i picked up mine this week

nszzya · 03-23-2009, 04:27 PM

Quote:

Originally Posted by HachiNi

glad i picked up mine this week

+1

02-12-2009, 02:33 PM	#1
singular Captain 20 Rep 935 Posts Drives: BSM 135i ppk cab Join Date: Nov 2008 Location: SF Bay Area iTrader: (0)	Will the new Ca. sales tax hit my 1er? I read today that a compromise was struck and the long awaited California budget is expected to pass on Friday. In it there is an added 1% sales tax and a near doubling on car registration tax. Does anyone here know how soon the sales tax increase will hit? I'm taking deliver very soon (early March) and it could make more than a $500 price difference in the purchase price of my car.
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02-22-2009, 02:46 PM	#2
Hans Delbruck Major 75 Rep 1,288 Posts Drives: C63, 135i, Evo FE, GLE63 Join Date: May 2005 Location: Huntington Beach, CA iTrader: (0)	The 1% sales tax increase arrives April 1st. VLF goes up .50 to 1.15% in mid-May Looks like you are good. __________________ 2009 135i 6MT Euro Delivery 9/5/09 BMW Performance Power Kit - Exhaust - Short Shifter - Suspension Last edited by Hans Delbruck; 02-22-2009 at 03:30 PM..
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03-04-2009, 03:10 PM	#4
nordique14 Major 53 Rep 1,477 Posts Drives: SGM 135i 'vert Join Date: Feb 2008 Location: Sharks Territory iTrader: (5)	if you take US delivery in CA after Apr 1st then you are screwed even if you ordered the car months ago prior to the legislation. The tax increase is based on the contract date or the registration date (the legislation mentions both dates). If you buy a car in CA for US delivery then the contact date is always the registration date. If you do Euro Delivery you may be able to avoid the tax by paying before Apr 1 as the contact date is different from the registration date.
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03-11-2009, 01:30 PM	#7
HachiNi my other car is a hachiroku 31 Rep 168 Posts Drives: 135i AW Join Date: Nov 2008 Location: San Francisco iTrader: (0)	glad i picked up mine this week
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