It isn’t the best deal in Texas, looks like North TX dealers are difficult to negotiate the price, they usually offer about 9,700 for 36 months which is crazy. Thank you songshan311 for the help.
Congrats on a solid deal even without any supplier pricing or conquest incentives! Enjoy the car and don’t forget to apply for the 2,500 TX rebate before it runs out!
Great deal and enjoy!
I mailed and talked with basically every single North Texas Chevy dealer lol… Had one around ~$4,500 for $39k MSRP. Most dealers are at 10-12%-ish off tho. Still holding on, want to get a Premier for sub $6,000 but I know that’s going to be quite a stretch, taxes really kills the deal for the most part
Silly question - I’ve had sales tax credit before from the dealer. But it’s always or usually at 1-1.5%? Why do they do that instead of the full 6.25% credit?
1-1-5% is brilliant. I’m just curious of why this approach. Legislation?
You (buyer) are suppose to pay sales tax on full amount. However, when you return the car at the end of lease, lessor/captive claims tax credit on residual value that can be used toward lowering tax rate to 1% on future transactions. Captive/lessor pass it out to dealer and they use it to close the deals.
TLDR; lower your tax bill by haggling with dealer on tax credit (applicable to leases in TX only).
