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In Georgia, the Sales Tax is a thing of the past, replaced by an ad valorem tax. But that does not change the fact that each time the car is sold, 6.75% of the fair value (determined by the State) has to be paid by the buyer.
That fact plus the lack of choice of paint color, and wheel size and even brand of tint make the market for the car smaller.
However if it's equipped the way someone wants, the wait period for this one is quite tolerable.
Why would anyone want to pay you for the tax and tags. They will again have to turn around and pay them again. You need to rethink this one the new buyer will not be able to get the tax credit either"New" 2014 Loaded Model S, Less Than 100 Miles, Sold At Cost
Fully loaded 2014 S85. Brand new...just took delivery Sept 18th, 2014. Car is better than new. Absolutely perfect inside and out. Selling because wife wants a Model X, if we can sell this one at cost. Additional features include Suntek Paint Armor installed by an authorized Tesla installer (and the same company that installs the Tesla Paint Armor at the Tesla Service Center in Atlanta). This paint armor is better than the factory armor, and is self-healing with a 5 Year Warranty. Includes all the areas covered by factory armor, plus additional areas (nearly double the coverage of the factor armor. i.e full hood, bumper, headlights, windshield surround, door sills, flat area under trunk lid, wheel openings, mirrors, etc. Also includes Optima Paint Sealant (armor and paint done). Also included Suntek window tint full coverage on windows at the darkest legal levels in Georgia (CXP35 on side and rear windows, and CXP70 on front window). Front window is fully covered with no darkness at head level and down, but a gradual increase in darkness towards the top. Side/rear windows reduce heat by 70%, front windows by 40%, and all windows reduce damaging UV rays by 99%. Comes with factory wheels and tires (Black TSportline 19" turbine wheels extra, at cost $1760). Get your car now, ready to drive. We have records & receipts for everything. Phone 775-340-7020 before 8 PM. Car is 40 mins from Atlanta International Airport. Buyer encouraged to view this beautiful car. Car garaged at home right now.
Cost
85 kWH $ 79,900.00
Panoramic Roof $ 2,500.00
Tan Nappa Leather Seats $ 1,500.00
Tech Package $ 3,750.00
Smart Air Suspension $ 2,250.00
Parking Sensors $ 500.00
Fog Lamps $ 500.00
Ultra High Fidelity Sound $ 2,500.00
Premium Interior Lighting $ 1,000.00
19" Wheels Included $ -
Piano Black Decor Included $ -
Supercharger Enabled Included $ -
Parcel Shelf Included $ -
19" Michelin Primacy Tire Upgrade Included $ -
Destination & Regulatory Fee $ 1,170.00
$95,570.00
Total Price $ 95,570.00
TAVT taxes/title $ 6,900.00
Total Out The Door Cost $ 102,470.00
Out The Door Cost $ 102,470.00
Suntek Window Tint $ 500.00
Suntek Paint Armor $ 900.00
$ 103,870.00
List Date: 9/21/2014
For more info, click here to view the original listing: "New" 2014 Loaded Model S, Less Than 100 Miles, Sold At Cost
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On Sale For: $103870 + $0 Shipping
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Mobile friendly version: "New" 2014 Loaded Model S, Less Than 100 Miles, Sold At Cost
HLR,
Thanks for nailing this down more succinctly, and in a more controlled manner.
My $0.02: OP's 'fair, and realistic' at cost calculation should exclude taxes, and the tax credit he'll receive. We can argue about the cost of the privilege to purchase now and avoid waiting in line, but in all honesty there are (surprisingly, at least to me) not a shortage of gently-used MS' floating around."My calculations come out to approximately $89,470 ($95,570 + $1,400 for Suntek - $7,500 federal tax credit). And even this is excluding the current $5,000 credit he should be able to claim from the state of GA.
On a separate note, I don't include these tax incentives in my personal calculations, because they never work out for me. I spend too much time deployed overseas to generate a tax liability so I don't end up owing any income tax even before a credit or deduction is applied.
Now if the IRS started cutting checks for $7,500, that'd be a different story.
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I'll apologize for giving you a hard time OP, but from my perspective, it seems you've got to assume a few sunk costs if you plan on offloading this vehicle to someone else.
I'm sorry that's the case you find yourself in, please let us know if we can help you out at all.
Hank, why does this bother you so much? Don't you have something better to do than flame people over nothing? Find something better to do with your time.
It doesn't bother me, I just think you're delusional if you think you can sell the car for exactly (or close to) what you paid, including sales tax and the little add-ons, as a "new car". It's one thing if you just said "Hey, I just bought this car new, and would like to recover as much as possible, so here's my asking price, let's talk".. but you didn't -- you keep throwing out all these red herrings and justifications of YOUR decision making processes, that's somehow supposed to affect the buyer? Like any buyer is going to say "Oh, ok, so yeah, I see what you want to do with the MX and the disappearing tax credits, sure, I'll pay $20k over the price of a new car for your used car". It just doesn't work that way.
If you post a car for sale on a forum, at a price that is tens of thousand of dollars higher than what someone can buy the exact same car for after credits/rebates, it should surprise no one that some people will post their reasons as to why they think the asking price is way out of line.