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04-26-2011, 02:34 PM | #67 | |
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WRT the tax credit, I was referring to the tax I would save by taking advantage of a convenience deal. In this particular situation, I already had a buyer for my car and was buying another car from a dealer. On paper the dealer takes my 911 on trade and sells it to my buyer ( no difference in cost to him). I only would pay tax on the difference, which is zero in this case because the car I'm selling is priced higher than what I'm buying. If I didn't buy another car I'd lose this "tax credit". Most dealers are willing to do this, but I've come across a few that won't.
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04-26-2011, 02:34 PM | #68 |
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If the deal is done through the dealer as a "convenience deal" you only pay HST on the excess of your purchase price over your trade in... makes a big difference.
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04-26-2011, 02:44 PM | #69 | |
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I find the same thing everytime I look at a car I'm selling...a little sad it's leaving, but it'll all be forgotten when your ( and mine) new car arrives. I'm really hoping your car is in by friday at the latest. I need to get my 911 there so it can be shipped to TO, and next week is not good for me at all.... finger's crossed !
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04-26-2011, 02:44 PM | #70 | |
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I have a friend with a GT3RS, a Cayman S and an E92 M3. He would be the first to tell you how great the M3 is. Whenever he is taking a car, he will take the M3 as it is great at everything with the GT3RS only for the track. Having said that, he still tracks the M3 and loves it. Anyway... all I'm really saying is that BOTH cars are amazing and you won't at all feel like you downgraded based on my experience in both Now if you were trading in a 911TT or a GT3... well
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04-26-2011, 02:55 PM | #71 | |
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04-26-2011, 03:07 PM | #72 |
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Just got off the phone with Richard @ Halifax BMW... he is still confident that Friday is going to be the day.
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04-26-2011, 03:13 PM | #73 | ||
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I need a few more post's ( and 48 hrs) before I can PM , but I'd like to ask you about buying the black front/side grills you have assuming you're returning the car to stock.
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04-26-2011, 03:17 PM | #74 | |
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I'm on the Island this summer to teach a course... August I think... we should arrange to get together for a coffee so I can see her again... P.S. I actually have a job... ... caught a bit of a bug and am home today. So I won't always be this responsive on the forums |
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04-26-2011, 03:30 PM | #75 | |
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Definitely look me up if you're over this way. I'll PM my info to you. If friday is a go, I'll be over in the morning....maybe I'll see you then.
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04-26-2011, 04:03 PM | #76 | |
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What a great seller you are! Dr. Color Chip, grilles, gills, installed, and everything! Are you going with the M exhaust on the next one?
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04-26-2011, 05:57 PM | #77 |
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No on the M performance exhaust... I have spent enough on cars this year
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04-26-2011, 10:02 PM | #78 | |
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Soon we'll hear from the GTA contingent about how Toronto financially supports the rest of Ontario, and they aren't bitter.
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04-26-2011, 11:55 PM | #79 |
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I'm in BC, so I pay a lovely 12% HST.
Thanks for the info on the tax credit. I was aware of this tax break on trades, but didn't know dealers do these kinds of convenience deals. Nice!
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04-27-2011, 10:10 AM | #80 |
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Keep in mind that with a convenience deal, you not only save the tax on the difference ( between the two cars), but you also sell your car for a retail price and buy the new car for the best straight sale price. When your talking high end cars this means thousands of $$ in savings....and that all adds up to.... MORE MODS!
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04-27-2011, 10:22 AM | #81 |
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04-28-2011, 08:45 AM | #82 | |
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04-29-2011, 08:48 PM | #83 |
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UPDATE:
Car is in the garage!! I picked it up this afternoon. I had the chance to meet Don (Force4rmr) who bought my 2010 while I was at the dealership... great guy and quite the enthusiast. Initial thoughts...
So, very happy so far... I like everything about it and am very happy with the DCT. It is like having my 2010 AW, which I loved, back again having undergone transmission surgery. It will be about a week for pics as rain is in the forecast for the forseable future (welcome to the east cost in Spring ). |
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04-29-2011, 09:11 PM | #84 | |
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The down shift bark caught me by surprise as I slowed down under an underpass!
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04-29-2011, 09:23 PM | #86 | |
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04-29-2011, 09:48 PM | #87 |
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LOL
The wait must have been agonizing,... what 9 days now? EDIT: I see it was in fact 11 days. In that case, I commend your patience.
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04-29-2011, 10:01 PM | #88 |
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