Hi everyone, I lived in CA.
I prepared to buy my first FORD ,but now has some problem about OTD calculated method.
As the picture shows, the MSRP is $ 75830, the dealer's OTD price is $ 68,858.04,based on the vehicle's selling price $ 70,000, but I think the vehicle's sellin price should be $ 61,000. I calculated the OTD price use DMV online tools and get $ 67,501 OTD price.
The dealer told me, "California taxes vehicle purchases before rebates or incentives are applied to the price, which means that the buyer in this scenario will pay taxes on the vehicle as if it cost the full valume."
I am not sure if he is right ,so anyone could give me some feedback ?
Thank you guys very much!
I prepared to buy my first FORD ,but now has some problem about OTD calculated method.
As the picture shows, the MSRP is $ 75830, the dealer's OTD price is $ 68,858.04,based on the vehicle's selling price $ 70,000, but I think the vehicle's sellin price should be $ 61,000. I calculated the OTD price use DMV online tools and get $ 67,501 OTD price.
The dealer told me, "California taxes vehicle purchases before rebates or incentives are applied to the price, which means that the buyer in this scenario will pay taxes on the vehicle as if it cost the full valume."
I am not sure if he is right ,so anyone could give me some feedback ?
Thank you guys very much!