Submitted by This_Neighborhood511 t3_10q9151 in personalfinance
This_Neighborhood511 OP t1_j6ombxb wrote
Reply to comment by HenryKringle6000 in Down payment refund on car by This_Neighborhood511
They didn’t I was financed the original asking price that didn’t have 4K subtracted
1hotjava t1_j6on2ok wrote
u/henrykringle6000 is saying your $4k probably covered the taxes owed. So the financed amount most likely is what the asking price was.
HenryKringle6000 t1_j6onc4i wrote
How were the taxes and fees paid?
HenryKringle6000 t1_j6oojb9 wrote
Yep, if the sticker price is $40k … then there is probably $4k in taxes and fees. So, total cost is $44k. With $4k down you finance $40k
This_Neighborhood511 OP t1_j6opas0 wrote
It was 28k not sure if that information is relevant to how much taxes and fees should have added up too this late I just wish I wasn’t so misinformed 😅
[deleted] t1_j6opz3g wrote
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[deleted] t1_j6oxfru wrote
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Werewolfdad t1_j6oq804 wrote
Was $28k the total sale price reported on the purchase agreement? Looks like this: https://www.amazon.com/Vehicle-Automotive-Purchase-Agreement-Dealership/dp/B08V9K7NL8
Or was the $28k the total cost of credit on the Truth In Lending Disclosure? Looks like this: https://i0.wp.com/massrealestatelawblog.com/wp-content/uploads/sites/9/2011/03/TIL-Photo.jpg
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