View Full Version : Buy a car, get one free
What is in the water in New Jersey? /ccboard/images/graemlins/smile.gif [ QUOTE ]
It's hard to believe. But with a deal more commonly seen at clothing sales, one car dealership in New Jersey has upped the ante to lure buyers who have become blase about the usual incentives offered on vehicles these days.
For buyers who purchase any new 2004 or 2005 model Nissan, the Route 46 Nissan dealership in Totowa is giving away a 2003 Nissan Sentra, usually an off-lease or traded-in vehicle. <hr /></blockquote> Here is the rest of the article (http://money.cnn.com/2004/08/26/pf/autos/bc.autos.freecar.reut/index.htm?cnn=yes) ...
08-27-2004, 08:43 AM
A local DC/ Pittsburg area KIA dealer was doing the same thing last year, execpt you got two brand new KIAs for the price of one. But you are talking about Nissans...they must be off their rockers. Too bad I don't need a new car!
08-27-2004, 11:50 AM
They did that in TX at Rockwall Ford. Buy a new 2004 Explorer and get a 2003 Escort free.
I have a question about this...Is the car really "free", or does the buyer of the new car have to pay tax on the "value" of the free car? Would this be considered a sales tax or some strange finagling of the law and be considered a luxury tax?
08-27-2004, 02:10 PM
<blockquote><font class="small">Quote eg8r:</font><hr> I have a question about this...Is the car really "free", or does the buyer of the new car have to pay tax on the "value" of the free car? Would this be considered a sales tax or some strange finagling of the law and be considered a luxury tax?
eg8r <hr /></blockquote>
I know that here, in the good 'ol state of WV, we have personal property taxes that must be paid every year in order to get our vehicle tags renewed. Every person that owns a car has personal property in WV. The tax that we pay is based on the value of the vechile. KBB value. So if someone in WV would to use this by one get one free deal then they would have to pay the personal property tax when the purchased it and then again every year they owned the vehicle (for two vehicles). I do not know how it works in other states.
Ouch. What is the rate? Does not really sound free. /ccboard/images/graemlins/smile.gif
08-27-2004, 03:16 PM
<blockquote><font class="small">Quote eg8r:</font><hr> Ouch. What is the rate? Does not really sound free. /ccboard/images/graemlins/smile.gif
eg8r <hr /></blockquote>
You know, you would think I would know that. I have a 2003 Hyundai and I have to pay personal property taxes on it of somewhere between $155-$200 a year (for just my car, this doesn't include real estate taxes or my husband's vehicles). When I bought it I had to pay like around $800 right off the bat.
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