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Car manufacturers may mortgags vehicle rebates to further incentivize buyers. Depending on the state, the rebate may or may not be taxed accordingly.

Luckily, a good portion of states do not do this and don't tax cash rebates. Generally, rebates are only offered for new cars. While some used car dealers do offer cash rebates, this is rare due to the difficulty involved in determining the true value of the vehicle. A car purchase comes with costs other than the purchase price, the majority of which are fees that can normally be rolled into sage mortgage rates financing loans beach fl daytona title sage mortgage rates auto loan or paid upfront.

However, car buyers with low credit scores might be forced into paying fees upfront.

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