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Originally Posted by guvmint_cheese
Have y'all actually signed the papers on the car yet? I still keep getting mixed messages, even from tax accountants, about whether the date of signature or the date of drive-off constitutes the sales date in regards to the 2006 tax credit. My incentive has just increased due to the extension of the sales tax deduction into 2006, so I don't want to make a potential $2500-3000 mistake.
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I have a thought about this and now that I just
(Talked) to our
(Title-Clerk) on the cell phone I am really sure.
So; here goes; placing an order on a vehicle is (NOT) purchasing it.
A
(Final-Purchase) is when you go into the
(Business-Office) and sit down with that Business Manager and (He or She) runs the
"CONTRACT" through the computer and you and or you and the wife or whom ever
"SIGN" the Bottom of the Sales Contract and pay your deposit and or whatever arrangements you have made with the dealer to pay for the vehicle. Now it is at this point that you have
(Legally-Purchased) the vehicle as far as the government/state etc. is concerned.
In some cases some states have a 3-day wait, that a buyer can have the opportunity to change His/Her Mind.
I hope this answers your question on what is considered a final purchase. I also have a 06 HCH ll (Ordered) and will take delivery after the 1st of Jan. but I have not
(Legally-Purchased-It) yet until I go in and sign the Final paperwork and get my copy of the purchase.
HTH;
Terry