Hi, does anyone know if Texas taxes rebates and incentives? Is it only certain ones? I thought Texas only taxes the final selling price of the vehicle.
For context, I’m considering leasing a ID.4 and including the dealer discount, a first responder discount, and EV lease rebate and customer cash, I’d get about $12,500 off the MSRP. However, when calculating taxes, I’m not sure if I need to include any of these in the LH calculator as taxed or untaxed incentives.
Any thoughts?