Trying to figure out the correct way to calculate California taxes due at signing.
Is the right way to use the DMV calculator for a new vehicle and then just use the total registration fees?
For a $50k vehicle in a 10.25% tax region, should I be including $649 in TLR?
Thats for purchase.
Lease taxes are always less.
And each bank calculates differently
Understood. How should I appropriately estimate the cost of TLR when submitting a detailed offer to a dealer?
You are getting way too deep and skipping several other things.
When you into a dealer with that kind of item, they will just skunk you on something else.
Regs in CA are fixed and cannot be changed by the dealer
The 649 will be included in your captial costs.
I dont know what you mean by TLR, what is that term? If this means taxes license and registration you cannot as taxes depends on the car brand / bank used.
Usually the term is TTL, but TLR works
Free Britney! (Oh wait, she is free!)
thanks everyone - this is really helpful!
For CA, TLR is usually around 1.5% of msrp as a conservative estimate
I am assuiming TLR is title, license, and registration rather than TTL being tax, title, and license.
Difference being one would have sales tax factored in.
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