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I think some states differ so you will have to lookup your state laws, but in Florida this is how it works:
Base MSRP/Starting Price (Including Military, College, Employee, Supplier)
- Add installed options (LPO or otherwise)
- Add destination charge
- Subtract Trade-in Value (getting $10k for your trade in, subtract from above price)
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Subtotal
- Calculate Sales Tax on Subtotal
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Subtotal
- Add Payoff of Trade-in above (If they're giving you 10k and you owe 6k, add 6k here)
- Add Title/Tag/Tire/Environmental/Docs/Dealer/any other "fees that show up"
- Subtract any Private Offer, Farm Bureau, Incentives, Rebates, Dealer discounts
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Total you will pay
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2017 50th Anniversary Edition 2LT V6 6-spd Manual - Order TQHKNZ
Received VIN 08/23/16: 1G1FC1RS2H0127445
Dennis Vaughan @ Schumacher Chevrolet in Lake Park, FL
1100 - 07/09/16 | 9000 - 07/22/16 - Order Cancelled from Stingray Chevrolet
1100 - 07/24/16 | 2000 - 08/02/16
3000 - 08/03/16 | 3100 - 08/08/16 - TPW 8/22/16
3300 - 08/10/16 | 3400 - 08/11/16
3800 - 08/23/16 | 4200 - 08/29/16
4800 - 09/03/16 | 5000 - 09/07/16
6000 - 09/10/16
2013 2LS Build Page: 2 THE CAVE... I'm Batman! 2LS Blackout
2013 2LT/RS Build Page: The Evolution of Iron Man
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