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Dealerships say the Vehicle Privilege Tax may cost customers

One of the taxes in the newly implemented House Bill 2017 affects dealerships and those buying from them.

Posted: Tue Jan 02 17:05:11 PST 2018
Updated: Tue Jan 02 17:05:11 PST 2018

Speech to Text for Dealerships say the Vehicle Privilege Tax may cost customers

Below is the closed-captioning text associated with this video. Since this uses automated speech to text spelling and grammar may not be accurate.

future. now to the new year... and new taxes --- including higher fees to pay for roads... bridges... and rail. kezi 9 news reporter macy hyland is live in roseburg with more on why douglas county car dealerships aren't thrilled about the tax on new car sales. bob - i am here at client newell auto group. earlier today i spoke with the owner -- clint newell. he says he's frustrated with the nature of the tax but doesn't see it affecting his business too much. that's because he says buyers will see the tax within the price of the vehicle. this particular tax i'm referencing in the house bill is the vehicle privilege tax. it's a tax for the privelege to seel vehicles in oregon. as of january first -- half of one percent is due on the retail price of any new taxable vehicle. while this cost initially affects the dealerships -- newell says it's going to be the customer paying for it in the long run. "money doesn't just disappear, it comes from somewhere. eventually, consumers, as we're out buying things, we end up paying for all of those expenses." newell says he doesn't expect the tax to affect his business. he says the decision to purchase a new vehicle isn't usually based on a small price increase. but by the outside factors that lead to that purchase. newell says even with the tax -- the need to purchase a vehicle will still remain. live in roseburg
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