Not only do we have the opportunity to remind our loved ones of how dear they are to us, but we also honor presidents! In addition we celebrated a bit of summer, then fell right back into winter and we're doing all of this in the shortest month of the year!
I wanted to keep you updated on what else is happening this month in the world of OC Mazda, so, keep reading and never hesitate to call me if I can be of any assitance while you are looking for your perfect car!
Mazda launches an incrediable event! O% financing, 90 days until your first payment and $1,000 cash back! WOW!! Now is certainly a great time to buy a new car. Coupled with the below news from Washington and even if you thought a new car was not in your budget, you might just want to reconsider.
....And news from Washington
(From the Associated Press, two days ago)
WASHINGTON (AP) — Consumers are expected to receive a tax break for the purchase of a new car this year but it may not have much impact on the steep decline in auto sales.
The $787 billion economic stimulus, which Congress was considering Friday, would give consumers a state sales tax and excise tax deduction on new cars purchased before the end of 2009. Many new car buyers could see savings of hundreds of dollars in next year's tax filing.
The incentives, worth $1.68 billion, were designed to boost auto sales and increase traffic in dealer showrooms during a dark period for the industry. General Motors Corp. and Chrysler LLC are living off of billions of dollars in government loans and must convince the Obama administration that they can emerge as viable companies.
"No matter how much government aid we give to the Big Three automakers, they can't survive if consumers don't start buying cars," said Sen. Barbara Mikulski, D-Md., who sponsored the legislation.
A car buyer's savings will vary depend on financing terms, state and local sales tax rates and the buyer's income. Mikulski's office estimated a family with an income of $250,000 a year would save about $600 on a new $35,000 car.
Tax preparer Jackson Hewitt Tax Service Inc. estimated that a single taxpayer earning $40,000 a year would save $300 in taxes on the purchase of a $20,000 car. A taxpayer earning $80,000 annually would save $485 in taxes when buying a $30,000 car.
The $787 billion economic stimulus, which Congress was considering Friday, would give consumers a state sales tax and excise tax deduction on new cars purchased before the end of 2009. Many new car buyers could see savings of hundreds of dollars in next year's tax filing.
The incentives, worth $1.68 billion, were designed to boost auto sales and increase traffic in dealer showrooms during a dark period for the industry. General Motors Corp. and Chrysler LLC are living off of billions of dollars in government loans and must convince the Obama administration that they can emerge as viable companies.
"No matter how much government aid we give to the Big Three automakers, they can't survive if consumers don't start buying cars," said Sen. Barbara Mikulski, D-Md., who sponsored the legislation.
A car buyer's savings will vary depend on financing terms, state and local sales tax rates and the buyer's income. Mikulski's office estimated a family with an income of $250,000 a year would save about $600 on a new $35,000 car.
Tax preparer Jackson Hewitt Tax Service Inc. estimated that a single taxpayer earning $40,000 a year would save $300 in taxes on the purchase of a $20,000 car. A taxpayer earning $80,000 annually would save $485 in taxes when buying a $30,000 car.
...And some updates on the construction progress of our Huntington Beach location:
We are winding up! It looks like we'll be in our new building in another 4 weeks! The glass is in and the interior is painted! I can't wait to show you Orange County's only Mazda Retail Revolution Showroom! I certainly don't want to give away too many secrets, but think "Surf" and you'll have a good idea of how the interior will look!
Take the best of care and enjoy the rest of this all too short month!
John Patterson
