It's Cheaper to Buy a Car in California Now
The sales tax has now been reduced by one percent, making it more affordable to buy a new or used car in the state.
The surcharge sales tax was implemented in 2009 as a temporary measure to help California balance its books and only passed because there was a hard end date.
Buyers of a new car in California today could expect to save $270, based on an average price of $27,000.
This was enough of a savings to quell purchases in late June - with buyers waiting for the tax reduction in July.
It has been suggested that these delayed purchases may have been responsible for an industry-wide vehicle sales slowdown in June, which softened as the month came to a close.
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow 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