Luxury Tax?

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Dec 10, 2003 | 03:45 AM

kmh

Thread Starter

Driver School Candidate

Joined: Nov 2003

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From: Colorado

Luxury Tax?

OK, I do not know this...
At what price does the Luxury Tax kick in?
For those that want a new GS or LS?
Is it $50,000?
What % is the penalty?

Thanks!
kmh

Dec 10, 2003 | 09:19 AM

AsianGirl007

Lexus Diva

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From: City of Angels

There is no more luxury tax on any new cars. It ended last year.

Dec 10, 2003 | 06:28 PM

BLK13X

For Mind Cruising

Joined: Jan 2002

Posts: 4,766

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From: NSW

You guys are lucky. Here in Aus we get hit with luxury car tax (I think for cars over $50000), about 35%, plus new car tax. A friend of mine was looking into buying a Merc C200K, going for about $74000(AUD), but with all the taxes and duty it ended up being about $102000(AUD)...

Friggin Australian taxes!

Dec 10, 2003 | 07:24 PM

bitkahuna

CL Community Team

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Quote:

Originally posted by Soarer_25GTT
You guys are lucky. Here in Aus we get hit with luxury car tax (I think for cars over $50000), about 35%, plus new car tax. A friend of mine was looking into buying a Merc C200K, going for about $74000(AUD), but with all the taxes and duty it ended up being about $102000(AUD)...

Friggin Australian taxes!

Gotta love that socialism.

Goal: make everyone equally miserable through wealth re-distribution.

Dec 10, 2003 | 10:27 PM

jet864

Pole Position

Joined: Dec 2002

Posts: 3,056

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From: Washington

But hey, no sales taxes or pennies is tight. i loved when I went too aussie anything was rounded to the 5. Sucks about cars though. Live here, shop there.

James