Here's my invoice - good deal or no?

Ant · 09-13-2016, 08:27 PM

I hate to start a separate thread but I wanna get this decision over with ASAP because it's killing me, so I figured it'd get more attention this way.

Below is a picture of my invoice. This is for a 2LT/RS with moonroof, performance exhaust, interior lighting, navigation. Completely loaded, but a 2016 which is why I'm allegedly getting a bargain. Keep in mind they are making the last 2 payments on my current least which are $248 each.

I gave a $500 deposit and apparently owe another $1700 for "taxes". I'm getting taxed before the discount as well...does that seem right?

Okay, here is my invoice. Can someone tell me if I'm being ripped off? Keep in mind they are making my last 2 payments on my current lease which are $248 each. Lol

KoolHyperBlue · 09-13-2016, 08:34 PM

Does it matter lol ? We all get screwed even if we think we're getting a good deal. Car dealers are like a casino , they never ever loose out on a deal regardless of what we think

jasonsk287 · 09-13-2016, 08:56 PM

I think the rebate is what makes it a great deal. It's almost impossible to get a 2LT loaded like that without the rebate for the same price. Plus it looks like they discounted the car a bit even before applying the rebate. Good luck, hope it works out!

EDIT: I did some reading, and yes in New York State we do get taxed before the rebate gets applied. So no foul play there.

SCullen · 09-13-2016, 08:59 PM

15% discount which is about the going rate on 2016 Camaros these days. Looks OK to me. The taxes suck but what are you going to do?

SpookShow'84 · 09-13-2016, 09:02 PM

Walk, you can get a better deal somewhere else. That's v8 money for a v6 with too many tchotchkies, and a ridiculous balloon payment.

77Z28 · 09-13-2016, 09:11 PM

I know some states do not tax the rebate but 2/3 of them do tax it. In those states you are taxed then the rebate is taken off the car. A quick google search and you can find out more information on it. My discount from the dealer was not taxed but my rebate from GM was taxed.

motorhead · 09-13-2016, 09:13 PM

I can't believe you guys have to pay the tax on the full amount. What a huge ripoff. Here the tax comes off the actual amount you are paying for the car after all rebates and incentives. You are paying tax on money that never really existed or changed hands. Got to love governments. They are the biggest crooks on earth. Other than that is looks fine.

I however would not sign up for that ballon loan unless you know for sure you are keeping the car to term and that you will have the 15,000 grand to pony up just incase a trade deal doesn't work out. Also make sure you get gap insurance. With that little amount down and a ballon loan you will be about 5,000 grand upside down the day you take it off the lot.

77Z28 · 09-13-2016, 09:15 PM

Quote:

Originally Posted by motorhead

Got love governments. They are the biggest crooks on earth.

+1

Lord Dirt · 09-13-2016, 09:18 PM

20% off or walk

j4juke · 09-13-2016, 10:19 PM

Quote:

Originally Posted by Ant

I hate to start a separate thread but I wanna get this decision over with ASAP because it's killing me, so I figured it'd get more attention this way.

Below is a picture of my invoice. This is for a 2LT/RS with moonroof, performance exhaust, interior lighting, navigation. Completely loaded, but a 2016 which is why I'm allegedly getting a bargain. Keep in mind they are making the last 2 payments on my current least which are $248 each.

I gave a $500 deposit and apparently owe another $1700 for "taxes". I'm getting taxed before the discount as well...does that seem right?

Okay, here is my invoice. Can someone tell me if I'm being ripped off? Keep in mind they are making my last 2 payments on my current lease which are $248 each. Lol

I'm from NY and bought my SS in Massachusetts, and when I went to the dmv to register it, I was asked whether the rebate was from the manufacturer or the dealer. This is what made the difference in the taxes. If it is from the manufacturer, you pay no taxes on the rebate. If it is from the dealer, you pay. This rebate is from the manufacturer, so I did not pay taxes on it. Push back on that charge.

BradfordCamaro · 09-14-2016, 12:37 AM

Where are the rebates from?
Are the rebates deducted from full msrp?

If they are GM rebates the dealer is still selling you the car for full msrp, they get all their cake.

They Should still be able to knock off some from their end.

A tiny bit over 16% off. If it is the exact car you want, I think the deal is good.....and they're helping you get you out of your old car.

...but... For maybe 3-4 grand more you could find a 2SS....

dab86 · 09-14-2016, 12:37 AM

I got my 2SS with NPP and Magentic ride for just under 38k after rebates and what not.

cellsafemode · 09-14-2016, 01:48 AM

Isn't there a specific forum dedicated to this topic?

T_B · 09-14-2016, 03:12 AM

hold on, $40,000+ for a V6? no, just no.

09-13-2016, 08:27 PM	#1
Ant Drives: 2017 Camaro 1LT/RS (V6) Join Date: Dec 2008 Location: Long Island, NY Posts: 911	Here's my invoice - good deal or no? I hate to start a separate thread but I wanna get this decision over with ASAP because it's killing me, so I figured it'd get more attention this way. Below is a picture of my invoice. This is for a 2LT/RS with moonroof, performance exhaust, interior lighting, navigation. Completely loaded, but a 2016 which is why I'm allegedly getting a bargain. Keep in mind they are making the last 2 payments on my current least which are $248 each. I gave a $500 deposit and apparently owe another $1700 for "taxes". I'm getting taxed before the discount as well...does that seem right? Okay, here is my invoice. Can someone tell me if I'm being ripped off? Keep in mind they are making my last 2 payments on my current lease which are $248 each. Lol

09-13-2016, 08:56 PM	#3
jasonsk287 Drives: 2012 Camaro 1LT Join Date: Dec 2010 Location: Long Island, NY Posts: 404	I think the rebate is what makes it a great deal. It's almost impossible to get a 2LT loaded like that without the rebate for the same price. Plus it looks like they discounted the car a bit even before applying the rebate. Good luck, hope it works out! EDIT: I did some reading, and yes in New York State we do get taxed before the rebate gets applied. So no foul play there. __________________ 2012 Camaro 1LT Summit White/Black Rally Stripes Ordered 8/21/11, built 9/22/11, delivered 10/7/11

09-13-2016, 08:59 PM	#4
SCullen Converts Oxygen to CO2 Drives: 2016 Black SS Convertable Join Date: Nov 2011 Location: Keller, Texas Posts: 170	15% discount which is about the going rate on 2016 Camaros these days. Looks OK to me. The taxes suck but what are you going to do? __________________ 2016 Black 2SS Vert A8 MRC NPP

09-13-2016, 09:02 PM	#5
SpookShow'84 Bump in the night Drives: '84 Monte Carlo SS, '15 Optima Join Date: Oct 2015 Location: U.S.A. Posts: 744 View My Garage	Walk, you can get a better deal somewhere else. That's v8 money for a v6 with too many tchotchkies, and a ridiculous balloon payment. __________________ https://youtu.be/Acui13Vz5Lk

09-13-2016, 09:18 PM	#9
Lord Dirt Drives: 2016 Chevrolet Camaro 2SS Join Date: Jul 2016 Location: ARLINGTON, TX Posts: 157	20% off or walk __________________ GARNET RED TINTCOAT 2SS, A8, NPP DUAL EXHAUST, MY LINK AUDIO SYSTEM W/NAV, 20" Staccato M183 Black Niche Wheels, Toyo Proxes 4 Tires, ROTO-FAB CAI, Black ZL1 Spoiler, DARKEST LEGAL TINT, Black "SS" TIRE VALVE STEMS, CAMARO SS LICENSE PLATE FRAME

09-13-2016, 08:34 PM	#2
KoolHyperBlue Drives: 2016 Hyper Blue 2SS -NPP,Mag Ride Join Date: Jul 2016 Location: Westchester NY Posts: 125	Does it matter lol ? We all get screwed even if we think we're getting a good deal. Car dealers are like a casino , they never ever loose out on a deal regardless of what we think

09-13-2016, 09:11 PM	#6
77Z28 Drives: 2016 2SS A8, NPP, Mag ride Join Date: Jun 2016 Location: Ohio Posts: 91 View My Garage	I know some states do not tax the rebate but 2/3 of them do tax it. In those states you are taxed then the rebate is taken off the car. A quick google search and you can find out more information on it. My discount from the dealer was not taxed but my rebate from GM was taxed.

09-13-2016, 09:13 PM	#7
motorhead Drives: Love the one you're with Join Date: Sep 2009 Location: Downtown Charlie Brown Posts: 11,850	I can't believe you guys have to pay the tax on the full amount. What a huge ripoff. Here the tax comes off the actual amount you are paying for the car after all rebates and incentives. You are paying tax on money that never really existed or changed hands. Got to love governments. They are the biggest crooks on earth. Other than that is looks fine. I however would not sign up for that ballon loan unless you know for sure you are keeping the car to term and that you will have the 15,000 grand to pony up just incase a trade deal doesn't work out. Also make sure you get gap insurance. With that little amount down and a ballon loan you will be about 5,000 grand upside down the day you take it off the lot.

09-14-2016, 12:37 AM	#11
BradfordCamaro SABIO Drives: 2016 CAMARO 1SS Join Date: Jul 2015 Location: Bradford, ON Posts: 5,012	Where are the rebates from? Are the rebates deducted from full msrp? If they are GM rebates the dealer is still selling you the car for full msrp, they get all their cake. They Should still be able to knock off some from their end. A tiny bit over 16% off. If it is the exact car you want, I think the deal is good.....and they're helping you get you out of your old car. ...but... For maybe 3-4 grand more you could find a 2SS.... __________________

09-14-2016, 12:37 AM	#12
dab86 Drives: 2017 Camaro 1LE Join Date: Jul 2012 Location: Las Vegas, NV Posts: 104	I got my 2SS with NPP and Magentic ride for just under 38k after rebates and what not.

09-14-2016, 01:48 AM	#13
cellsafemode Drives: 2016 Camaro 1LT Join Date: Jan 2016 Location: California Posts: 3,491	Isn't there a specific forum dedicated to this topic?

09-14-2016, 03:12 AM	#14
T_B Drives: 2016 2SS Join Date: Mar 2016 Location: Pasadena Posts: 141	hold on, $40,000+ for a V6? no, just no.

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