Official Lexicon DC-1 to MC-1 Upgrade Release.

Posted by Philip Brandes [IP: 152.163.206.199] on March 30, 1999 at 20:08:24
Using Mozilla/3.0 (compatible; MSIE 3.01; AOL 4.0; Mac_PPC):

In Reply to: Official Lexicon DC-1 to MC-1 Upgrade Release. posted by Lincoln C. on March 30, 1999 at 16:09:57:

: I double check with my dealer today, and he said that when they first charge to the customer of tax by using $2500, Lexicon said NO NO, so they now charge to their customer for DC1 (DTS) to MC1 upgrade = $2500 + tax of a MC1 unit.

Let's be clear here--this is an issue of tax law not Lexicon policy.

Taxes are assessed by the state on the value of the equipment trading hands.

When you trade-in a car, taxes are calculated on the selling price of the car, before any trade-in allowance (which is figured as a separate transaction for tax purposes). Although it affects the amount you pay, it does not affect your tax liability for the selling price of the car.

That's why it's always good practive to negotiate the lowest selling price first, then negotiate the trade-in allowance. At least with cars--audio dealers aren't likely going to be as flexible with DC-1 trade-ins. They're probably going to charge full retail and apply the trade-in allowance to that.

Hope this helps clarify,

Philip Brandes

Follow Ups:

• Official Lexicon DC-1 to MC-1 Upgrade Release. - Geoffrey Reynolds 08:54:08 03/31/99 (0)

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