MASSIVE TAX INCREASE ON ALL USED CAR SALES FOR DEALERS AND CONSUMERS

Click HERE to Find Your State Representative and Senator Contact Information

CALL YOUR REPRESENTATIVES IMMEDIATELY TO VOTE AGAINST TAX INCREASE IN HB340

There is a bill at the State Capitol that is on its way to passing the State House at the State Capitol that includes a massive tax increase on used car DEALER sales in Georgia. It is now House Bill (HB) 340.

Please call your local State Representative & Senator IMMEDIATELY (Today) to ask them to vote NO to the portion of the bill that will significantly increase the TAVT fee on used car sales.

We are not against the entire bill, just the massive tax increase on used car sales.

HB 340 states that TAVT on all used cars will be based on retail (bill of sale price) or “book” (DOR FMV Calculator), whichever is higher!
Again, not one or the other. Whichever is higher! Or “the higher of the two.”

The portion of the bill that is the tax increase stating “higher of the two” on all used car sales needs to come out, or this change will cost dealers thousands, and could put many dealers out of business.

This is Not acceptable. Your voice needs heard.

Please call your local State House Representative & Senator, in this order, to ask them to remove the portion of the bill that contains a TAVT increase on all used cars and leave the other parts of the bill as is.

If you have not reached out to your local state Senator & House Representative, you must do it right now. If you have already reached out, do it again. Phone call first then email. Continue to contact them, until they call or email you back.

Please, share this message with other dealers and consumers in your area. Urge them to reach out to their Representative & Senator now and speak against raising the TAVT tax to the higher of the two. Use Social Media and Facebook to spread the word immediately. We can beat this, but not without your help.

Click HERE to Find Your State Representative and Senator Contact Information

Read Executive Director Paul John’s Statement to the Atlanta Journal Constitution

Statement from Paul John, Executive Director of the 2,500 plus member Georgia Independent Automobile Dealers Association (GIADA) regarding the used car tax increase in HB 340, formerly in HB 327:

“A few years ago, the switch to the current TAVT improved the tax collections in this state exponentially. It was designed and implemented to ensure that all used vehicle transactions were taxed the same way and in a simple uniform process, book value.

“At this point, tax revenues for used car transactions in Georgia are at record levels and show no indication of diminishing. To justify a massive tax increase, however it is generated, cannot be justified.

“HB 340 (formerly HB 327) puts the burden of the extra tax on the used car customer and dealer. This will greatly harm the 5,000 plus Georgia independent licensed dealers, and any idea that can do serious harm to a viable industry must be rejected by the Georgia House of Representatives.

“Most new car dealers say that leasing is off at least 50%. If that problem is fixed with HB 340, leasing should at least double, which means a huge spike in new car leasing. This along with going to “book to book” on the TAVT trade-in calculation will bring in enough new revenue to fix the leasing issue and the “Welcome to Georgia” problem without raising taxes on all used car transactions.

“In its current form, HB 340 ensures that EVERY CONSUMER in the state of Georgia pays the highest tax on any used vehicle purchase! Period!

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