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CA sales tax and GMAC

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Old 12-21-2013, 07:37 PM
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Dr L-88
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Default CA sales tax and GMAC

Does anyone know what the California sales tax was in the 60's? Also, when did GM start their financing program (GMAC)?
Old 12-21-2013, 07:59 PM
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66jack
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Originally Posted by Dr L-88
Does anyone know what the California sales tax was in the 60's? Also, when did GM start their financing program (GMAC)?
GMAC: Looks like 1999

http://www.ally.com/about/company-structure/history/

CA sales tax...this might be of some help:

http://www.iga.ucdavis.edu/Research/...lTaxPolicy.pdf

Car Sales DMV:

https://www.dmv.ca.gov/about/profile/milestones.htm

Last edited by 66jack; 12-21-2013 at 08:03 PM.
Old 12-21-2013, 10:50 PM
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5thvet
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GMAC actually started in 1919. I actually financed my 66 SS 396 through them at that time.

http://www.ally.com/about/company-structure/history/
Old 12-21-2013, 10:53 PM
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5thvet
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Originally Posted by Dr L-88
Does anyone know what the California sales tax was in the 60's? Also, when did GM start their financing program (GMAC)?
Early 60's sales tax was 4% ( 3% state, 1% local), in the late 60's it was 5% ( 4% state, 1% local).
Old 12-21-2013, 10:57 PM
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Thanks guys for the info...........................much appreciated.

Rex
Old 12-22-2013, 01:34 AM
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Gary's '66
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Originally Posted by 5thvet
Early 60's sales tax was 4% ( 3% state, 1% local), in the late 60's it was 5% ( 4% state, 1% local).
Yeah, less taxes but the roads were sooooooo much better!
Old 12-22-2013, 11:55 AM
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Originally Posted by Gary's '66
Yeah, less taxes but the roads were sooooooo much better!
and less crowded

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