2019 Tax Saving Examples
You buy a bike (or part or accessory) that costs $1000, and is NOT ON SALE. Tax on that would normally be $62.50, for a final cost of $1062.50. During our sale, the same item would be discounted to $937.50. And that's your final price! You save $125.00, or DOUBLE THE SALESTAX.
You buy a bike that normally costs $2000, but is ALREADY ON SALE. Our sale price is $1500. You would normally pay $125.00 in tax, for a final cost of $2125. There's no double dipping, so you won't save anything else on the bike itself, but you'll STILL SAVE THE SALESTAX. That makes your final cost $1500, and altogether you'll save WAY MORE than double the salestax.
State regulations require us to charge salestax on any individual item over $2500. However, during our sale, we will still discount the selling price of NON-SALE BIKES by 6.25%. A $3000 bike would be reduced to $2812.50. Tax would be an additional $175.78, for a final cost of $2988.28. Compare that to the $3000.00 flat you would have paid if you had saved only the salestax; with our sale, you've saved $11.72 MORE.
You buy a bike with a sale price of over $2500. There is no additional sale (no double dipping) and by state law we must charge salestax. As an example, we have a bike on our sale list with a regular price of $4999.99, and a SALE price of $3999.99. You'd pay that, plus tax of $250.00. Your final cost would be $4249.99. That's such a big total saving, it makes me dizzy.