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TimSJ · 12-17-2021, 08:29 AM

As CP is all 1%ers if you are looking to finish off a deal on a new car over $100k the new luxury tax comes into effect Jan 1. Get it done now if you can.

20% on every dollar over $100k or 10% of total price.

I just finished off a deal on a Bentayga V8 S for a client of mine today and if it was Jan 1 there would be an additional $35k in tax.

12-17-2021, 08:29 AM	#2564
TimSJ First Line Centre Join Date: Oct 2001 Location: Saint John, NB Exp:	As CP is all 1%ers if you are looking to finish off a deal on a new car over $100k the new luxury tax comes into effect Jan 1. Get it done now if you can. 20% on every dollar over $100k or 10% of total price. I just finished off a deal on a Bentayga V8 S for a client of mine today and if it was Jan 1 there would be an additional $35k in tax. __________________ Last edited by TimSJ; 12-17-2021 at 08:51 AM.