Buying New Car and TAX (Ontario)
Well i'm looking at buying a new car and I need to know how they should calculate TAX
When I go to the manufacture website and build & Price the car (Elantra GT SE Tech Auto)
They show Price $26,349.00
Then they show Cash Purchase Adjustment $-2000.00
Other Price Adjustment $-500.00
Delivery and Destination $1495.00
Other Tax $129.70
So my question is do you take the discounts off then pay tax on the total ie 26,349-2,000-500+1,495+129.70 = $25,473.70 + HST% = $28,785.28
or do you take the discounts after ie 26,349 +$1495 + 129.70 = 27,073.70 + HST% = 31,610.28 - 2,500 = $29.11.28
So it's a $325 savings if they take the discounts off then add tax but what is the proper way
Just want to make sure they are calculating things correctly
They also seem to have other charges but I will have to work with the dealer on what other charges they have but as this one is on the website I though someone would be able to help
Thanks in advance
When I go to the manufacture website and build & Price the car (Elantra GT SE Tech Auto)
They show Price $26,349.00
Then they show Cash Purchase Adjustment $-2000.00
Other Price Adjustment $-500.00
Delivery and Destination $1495.00
Other Tax $129.70
So my question is do you take the discounts off then pay tax on the total ie 26,349-2,000-500+1,495+129.70 = $25,473.70 + HST% = $28,785.28
or do you take the discounts after ie 26,349 +$1495 + 129.70 = 27,073.70 + HST% = 31,610.28 - 2,500 = $29.11.28
So it's a $325 savings if they take the discounts off then add tax but what is the proper way
Just want to make sure they are calculating things correctly
They also seem to have other charges but I will have to work with the dealer on what other charges they have but as this one is on the website I though someone would be able to help
Thanks in advance