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Old 12-17-2021, 08:35 AM   #2565
Sliver
evil of fart
 
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Join Date: Sep 2009
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Quote:
Originally Posted by TimSJ View Post
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 $100 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.
Holy crap.
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