List of States That Do Not Tax Car Incentives
For example, if your state has a tax rate of 7% and there's a cash rebate of $3,500, you're looking at a savings of $245.
Here are the states that do not tax rebates:
- New Hampshire
- Rhode Island
On a similar note, you should check to see if your state also taxes your trade-in allowance.
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and Ryde Shopper are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid