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Corvette
C8 Forum
Major used C8 price drop
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<blockquote data-quote="dyoung" data-source="post: 295897" data-attributes="member: 3987"><p>That's absolutely true:</p><p></p><p>over $60,000....10% B.C. tax</p><p></p><p> $125,000...15%</p><p></p><p> $150,000...20%</p><p></p><p>All are plus GST and the 15 and 20% rate is compounded on top of the gst as they call it a surcharge and not a tax.</p><p></p><p>Many new 3LT builds are coming in at around 120 to 125 thousand ...</p><p></p><p>When you put the new luxury tax in to the equation it can put you into the $125,000 tax rate as the B.C and GST is added after the luxury tax is added in to the price.</p><p></p><p>B.C is most definitely the highest taxed province on luxury cars.</p><p></p><p>When I just bought my 23 the business mgr. told me that Trudope wants the federal luxury tax added in to the list price on the sales contract, trying to hide it.</p><p></p><p>She put it in as a separate line. $3660.00</p></blockquote><p></p>
[QUOTE="dyoung, post: 295897, member: 3987"] That's absolutely true: over $60,000....10% B.C. tax $125,000...15% $150,000...20% All are plus GST and the 15 and 20% rate is compounded on top of the gst as they call it a surcharge and not a tax. Many new 3LT builds are coming in at around 120 to 125 thousand ... When you put the new luxury tax in to the equation it can put you into the $125,000 tax rate as the B.C and GST is added after the luxury tax is added in to the price. B.C is most definitely the highest taxed province on luxury cars. When I just bought my 23 the business mgr. told me that Trudope wants the federal luxury tax added in to the list price on the sales contract, trying to hide it. She put it in as a separate line. $3660.00 [/QUOTE]
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Corvette
C8 Forum
Major used C8 price drop
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