Official Waiting Room for 718 Spyder / GT4 / GTS Delivery...
05-04-2022, 09:29 AM
#5146
Instructor
05-04-2022, 11:01 AM
#5147
Definitely an ugly bump, but I suspect most car manufacturers will pass a significant bump in MSRP between 22-23. We are finally feeling the full impact of combined supply chain strain, and extraordinary demand.
I was given an allocation last month for a GT4, and it is a MY23 so the new MSRP it is. Combine that with Ontario luxury tax and this car will roughly cost $20k more than a 2022. Pay to play I suppose.
I was given an allocation last month for a GT4, and it is a MY23 so the new MSRP it is. Combine that with Ontario luxury tax and this car will roughly cost $20k more than a 2022. Pay to play I suppose.
05-04-2022, 11:10 AM
#5148
Definitely an ugly bump, but I suspect most car manufacturers will pass a significant bump in MSRP between 22-23. We are finally feeling the full impact of combined supply chain strain, and extraordinary demand.
I was given an allocation last month for a GT4, and it is a MY23 so the new MSRP it is. Combine that with Ontario luxury tax and this car will roughly cost $20k more than a 2022. Pay to play I suppose.
I was given an allocation last month for a GT4, and it is a MY23 so the new MSRP it is. Combine that with Ontario luxury tax and this car will roughly cost $20k more than a 2022. Pay to play I suppose.
Shame as it was created to "have the wealthy pay their fair share and take from those who did well during the pandemic", that is very close to Crystia Freeland's words when delivering the 2021 budget. It also penalizes those who have saved their money to afford a car that crosses the threshold, they are not wealthy or high earners, just diligent savers. But I suppose the government's mindset is if you can save that kind of money, then you are better than those who cannot, therefore pay a luxury tax because you are doing too well.
05-04-2022, 11:25 AM
#5149
It's not an Ontario Lux Tax. This is a Federal Tax in all provinces.
Shame as it was created to "have the wealthy pay their fair share and take from those who did well during the pandemic", that is very close to Crystia Freeland's words when delivering the 2021 budget. It also penalizes those who have saved their money to afford a car that crosses the threshold, they are not wealthy or high earners, just diligent savers. But I suppose the government's mindset is if you can save that kind of money, then you are better than those who cannot, therefore pay a luxury tax because you are doing too well.
Shame as it was created to "have the wealthy pay their fair share and take from those who did well during the pandemic", that is very close to Crystia Freeland's words when delivering the 2021 budget. It also penalizes those who have saved their money to afford a car that crosses the threshold, they are not wealthy or high earners, just diligent savers. But I suppose the government's mindset is if you can save that kind of money, then you are better than those who cannot, therefore pay a luxury tax because you are doing too well.
05-04-2022, 11:27 AM
#5150
It's not an Ontario Lux Tax. This is a Federal Tax in all provinces.
Shame as it was created to "have the wealthy pay their fair share and take from those who did well during the pandemic", that is very close to Crystia Freeland's words when delivering the 2021 budget. It also penalizes those who have saved their money to afford a car that crosses the threshold, they are not wealthy or high earners, just diligent savers. But I suppose the government's mindset is if you can save that kind of money, then you are better than those who cannot, therefore pay a luxury tax because you are doing too well.
Shame as it was created to "have the wealthy pay their fair share and take from those who did well during the pandemic", that is very close to Crystia Freeland's words when delivering the 2021 budget. It also penalizes those who have saved their money to afford a car that crosses the threshold, they are not wealthy or high earners, just diligent savers. But I suppose the government's mindset is if you can save that kind of money, then you are better than those who cannot, therefore pay a luxury tax because you are doing too well.
05-04-2022, 11:36 AM
#5153
Well, my understanding is you can avoid the tax if you have a written agreement on sale before April 2021. I hope you are one of the cases. I feel lucky to have got my car two weeks ago.
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JBM718GTS (05-04-2022)
05-04-2022, 12:49 PM
#5154
Intermediate
05-04-2022, 01:16 PM
#5155
Rennlist Member
It's not an Ontario Lux Tax. This is a Federal Tax in all provinces.
Shame as it was created to "have the wealthy pay their fair share and take from those who did well during the pandemic", that is very close to Crystia Freeland's words when delivering the 2021 budget. It also penalizes those who have saved their money to afford a car that crosses the threshold, they are not wealthy or high earners, just diligent savers. But I suppose the government's mindset is if you can save that kind of money, then you are better than those who cannot, therefore pay a luxury tax because you are doing too well.
Shame as it was created to "have the wealthy pay their fair share and take from those who did well during the pandemic", that is very close to Crystia Freeland's words when delivering the 2021 budget. It also penalizes those who have saved their money to afford a car that crosses the threshold, they are not wealthy or high earners, just diligent savers. But I suppose the government's mindset is if you can save that kind of money, then you are better than those who cannot, therefore pay a luxury tax because you are doing too well.
05-04-2022, 01:20 PM
#5156
obviously I have no clue how it works in Canada but here’s my scenario. I got a build slot last May and took deliver late November. I had a very low mileage ‘14 TurboS I bought a year earlier and got trade in price what I had paid for it in ‘20. I got my GT4 at msrp and got a $9k check from dealer at delivery so my cost for sales tax purposes was -$9k paid no sales tax. Is there offset like this in CN?
05-04-2022, 03:39 PM
#5157
Rennlist Member
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Growler48 (05-04-2022)
05-04-2022, 04:53 PM
#5158
05-04-2022, 04:56 PM
#5159
obviously I have no clue how it works in Canada but here’s my scenario. I got a build slot last May and took deliver late November. I had a very low mileage ‘14 TurboS I bought a year earlier and got trade in price what I had paid for it in ‘20. I got my GT4 at msrp and got a $9k check from dealer at delivery so my cost for sales tax purposes was -$9k paid no sales tax. Is there offset like this in CN?
05-04-2022, 05:43 PM
#5160
^ That's what you get when you elect f**king commies.