Car Information

How to Save on Car Taxes & Import Fees Buying or importing a car can be exciting — until you see the taxes and fees attached. Whether you’re purchasing locally or importing from abroad, car-related taxes can easily add thousands of dollars to your total cost. The good news is that with the right strategies, you can reduce how much you pay legally and keep your budget under control. This article explains how car taxes and import fees work, what factors influence them, and the most effective ways to save money. --- Understanding Car Taxes and Import Fees Before exploring how to save, it’s essential to understand what you’re paying for. 1. Sales Tax or Value-Added Tax (VAT) Most countries or U.S. states apply a sales tax or VAT on new or used car purchases. The rate varies depending on the location and vehicle type. U.S. example: Some states, like Oregon, have no sales tax, while others (like California) charge up to 10%. Global example: In the EU, VAT is typically 19–25% ...

How Car Dealerships Make Money: What Buyers Should Understand When most people walk into a car dealership, they assume that the dealership’s profit comes solely from selling vehicles at a markup. However, the truth is far more complex — and often surprising. Modern car dealerships are multifaceted businesses that earn money through multiple revenue streams, many of which the average buyer never considers. Understanding how dealerships make money not only gives you a clearer picture of how the automotive business works but also empowers you as a consumer. With this knowledge, you can negotiate more effectively, spot unnecessary add-ons, and ultimately get a better deal. In this article, we’ll explore the main ways car dealerships generate profit, from new car sales and financing to service departments and beyond. --- 1. New Car Sales — Low Margins, High Volume It might come as a surprise, but new car sales are often not the biggest money-makers for dealerships. The profit ma...