[marzipan]

Originally Posted by chittychittybangbang

IMHO, no xenons would be a dealbreaker for me.

The sales tax thing that ends dec 31 is a deduction not a credit. In other words, you don't get the full amount back. You do pay it upfront and when you're doing your taxes you deduct the amount of state sales tax you paid from income.

This is not tax advice, this is just my non-accountant understanding of how it works.

As an example, assuming $45,000 income, 25% fed tax bracket, and 7% state sales tax, your fed income tax would be $7,437. If you paid 1,820 of sales tax on the car you would deduct that from 45,000 of income and pay 6,982 of income tax. Tax savings: 455.

wow chitty, that DOES help. the tax break might not be as crucial as i expected. how do you know my salary and state sales tax? lol. you pretty much have it spot on.