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A coupon will allow consumer to get an immediate incentive, whereas a rebate requires a customer to act after purchase to receive the incentive or discount. Related topics Goals of coupons and rebates Effectiveness of coupons and rebates. Terms and Conditions. Two common promotional vehicles used in a sales promotion program are coupons and rebates. Previous Previous post: Challenges of a product improvement.
The balance is the amount on which the retail sales tax is charged. When the dealer gives a true discount not reimbursed by the manufacturer or anyone else , the amount the retail customer is actually charged is subject to the retail sales tax and the Retailing business and occupation tax. The amount of the sale, before the discount is subtracted, should be reported in the gross amount column of the excise tax return.
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When the discount is given, the amount of the discount may be deducted in the deduction column. Dealer A sells parts to a used car dealer who, in turn, uses these parts to repair vehicles for resale. If the discount is taken, the full amount of the sale should be reported under Wholesaling and a deduction for the discount should be taken on the return.
A typical discount given by new automobile dealers is to senior citizens.
The main difference between a coupon and a rebate
With proof of their age, a percentage will be removed from the cost of repair labor and parts. If the repair labor and parts are covered by a warranty or maintenance agreement, the senior discount will not apply to any part of the charge including the deductible. The customer may use the rebate as a portion of the down payment on the vehicle or may take the rebate as cash and not apply it to the vehicle sale.
Many manufacturers require that the rebate be used against the purchase price of the vehicle. You can use coupons for discounts.
You can use circulars for discounts. Or, to save the most money possible, you can use them both together.
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While somewhat limited in scope, it may be the best choice for hardcore couponers, especially if you tend to shop at those stores. Learn more about Grocery Smarts.
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Crew … basically everything Learn more about RetailMeNot. Grocery Smarts You can use coupons for discounts. Current deals: dependent on store Learn more about Grocery Smarts. Also from Grandparents. Help us tell more of the stories that matter from voices that too often remain unheard. Join HuffPost Plus. Real Life.