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Hampton Roads Auto Sales has built its reputation on striving to offer more used cars, trucks and SUV listings to help you find the car of your dreams. We will help you find a vehicle or dealer to make your shopping experience as enjoyable as possible. Our dealer’s years of experience and commitment to quality have earned us thousands of loyal customers throughout the Hampton Roads area. We now bring this same great service to you online. Through the Internet, we can respond to your needs quickly. Our friendly dealers will help you find the car you want at a price you can afford. We want to make purchasing your next vehicle a hassle-free experience. We invite you to look though our automobile inventory, with photos, prices and detailed vehicle information. You can find several options of cars in Virginia Beach, or maybe you are looking for an SUV in Suffolk. We are proud to say we now serve those in the Franklin area as well. We also specialize in supplying our military with dealers that offers instant financing.
Hampton Roads Auto Sales is your all-in-one solution to purchase your next used car or truck in Hampton roads Virginia.
Hampton Roads Auto Sales Find Dealers Serving Chesapeake, Norfolk, Deep Creek, Suffolk, Franklin, Va Beach, Portsmouth Hampton, Newport News Your Local Source for automobile inventory in Hampton roads
Would you like help from the Economic Stimulus Legislation?
Here is an overview of the Tax breaks for new car purchasers. Sales tax is generally not a deductible item for individuals. A limited exception allows taxpayers who itemize their deductions to claim either state or local income taxes or state and local general sales taxes, which mainly benefits taxpayers with a state or local sales tax but no income tax.
Under the new law, auto-buyers can claim an income tax deduction for the sales or excise tax they pay on a vehicle purchase. Key details of this new tax incentive include:
* The tax break applies to purchases of passenger cars, minivans, light trucks, motorcycles, and motor homes, but it only applies on up to $49,500 of the vehicle's price and it only applies to new vehicles.
* The tax break covers new vehicles purchased between the date of enactment of the 2009 economic stimulus legislation and the end of 2009.
* You do not have to itemize your deductions to be able to claim the deduction. However, the deduction cannot be taken by a taxpayer who elects to deduct state and local sales taxes in lieu of state and local income taxes.
* Only couples making less than $250,000 a year, or individuals making less than $125,000 annually, qualify for the full deduction.
NOTE: This is an overview only. Please verify with your Tax Preparation Service to ensure the complete accuracy of this legislation. JMC Corp. is not held liable for any errors or omissions in the above statement.
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