Picked up my new 2021 Camaro LT1 last weekend and man what a car. Honestly, I am pretty proud of the deal that I got worked out. The calculator is a little wonky because of the tax credits so I just put the taxes paid in one field and the dealer fees in the other. The dealership was about 2 hours away from me but the people there were extremely helpful and straight forward. Anyway, on to the car.
Quick Photo Edit (didn’t like Sat Dish in one and Elec Meter in other so I removed)
Great deal! I have a deposit on mine, but it is held up at shipping due to the cpu chip shortage. Hoping it arrives by end of month, not sure this deal will be available in April…
One question, can you explain in laymans terms how Texas tax credits work?
Curious to learn more about this. I have a deposit on one that seems to have been shipped. Dealer thinks it should be here within a week or two but the more I look into GM shipping, the murkier it gets.
Sorry, I know I kinda just threw this out there and then haven’t responded, just a long day at work today. Big thanks to everyone who commented with congrats, I am really enjoying this car. I had a Shelby GT350 prior to this and so I’m still in the comparisons phase.
Also, If you sent me a PM requesting information I will get back to you ASAP.
I am sure that there are other people out there who have a much better fundamental understanding of the how and the why that tax credits exist. The simple version for me is that the dealership has a certain amount of “tax credits” that they can use to help make deals which effectively lowers your tax rates down from 6.25% on the total cost to, in my case, 1.25%.
They told me that the sales tax came out to ~1.25%. There was a small additional tax that I can’t remember what it was for. I can dig out my paperwork and look it up for you.
I would be interested in hearing your comparison to the GT350. That has been on my short list for a potential “buy and hold” once I am done with the LT1 since it has convinced me I might be more of a muscle car fan than I realized (life time German car snob here).
