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Michigan vehicle buyers will get a tax break

October 22, 2013 • Business


A Dodge Challenger, left, and a Dodge Dart are on display at the Golling Chrysler Dodge Jeep Ram dealership in Bloomfield Hills, Mich., Tuesday, Oct. 22, 2013. Starting Dec. 15, people will pay less in sales tax on a car purchase in Michigan because the value of your trade-in can be counted under a deal between lawmakers and Gov. Rick Snyder. (AP Photo/Carlos Osorio)

LANSING, Mich. (AP) — Buying a new car? You might want to wait until Dec. 15.

Starting then, you will pay less in sales tax on a car purchase in Michigan because the value of your trade-in can be counted under a deal between lawmakers and Gov. Rick Snyder.

The Legislature began giving final approval to the gradual tax cut Tuesday, and the governor is expected to sign it after the effort had stalled for decades in Lansing.

In the first year, people will no longer pay Michigan’s 6 Login to read more

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