Submitted by mvitarelli on January 7, 2013
Attention NYC buyers:
I am seriously considering cancelling my Model S order. I just found out that I am responsible for the full NYC sales tax amount (rate of 8.875%) on the full MSRP price of the vehicle which is approximately $9,000. Tesla does not offset the amount of sales tax collected by the value of your trade in vehicle.
In this particular situation for example using a $100,000 MSRP and a trade in value of approximately $50,000 (from AutoNation Tesla's partner), Tesla does not reduce the sales tax due to $4,500; ALL NYC customers are still requited to pay the FULL sales tax amount, $9,000 on the MSRP price and not on the difference.
Has anyone else experience this and what were the results?