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      08-05-2020, 06:43 PM   #1789
UpstateCP
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Drives: 2020 X5 x40i M Sport
Join Date: Jun 2020
Location: NY, USA

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Quote:
Originally Posted by TurtleBoy View Post
Quote:
Originally Posted by UpstateCP View Post
Finance/loyalty credits are taken after taxes are calculated.
In general the credits are subtracted from MSRP and taxes are paid on them but of course some states can be different. He is in NY though so your answer applies.
NY likes to maximize their tax revenues. 8% on the pre-credit price :
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