Quote:
Originally Posted by M2CompJorge
Quote:
Originally Posted by bromudez
Yes, especially when the new car comes out.
And even in the best case scenario I highly doubt I'd recover what I paid the tax man.
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Interesting, in my state we get tax break for the value of the trade in when buying s new vehicle. So say you trade in. 50k car for a 60k car you are only taxed on the 10k difference. |
It's the same for us. I think what I meant was that unless you either get your after-tax cost when you sell OR get your pre-tax cost as a trade-in value then you're still out.
Highly doubtful I'd get that as trade value by the time this new car is out.