Stan H
Well-Known Member
Whats that meanSame in CO. It makes a huge difference.
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Whats that meanSame in CO. It makes a huge difference.
Example:Whats that meanyou get more for a trade ??
Couldn’t have said it better. So I didn’t try.Example:
That is why if you decide to private party sell your vehicle and not use it as a trade in, you have to make sure the over and above from wholesale trade in cost and private party sell cost will cover the full tax amount of any new vehicle purchase or you are losing money not using it as a trade in.
- New vehicle cost $50K
- Trade in vehicle is $30K
- You only pay tax on $20K for the new vehicle and not the full $50K
Around here ya cant get no one to buy a vehicle like that unless it a rare oneExample:
That is why if you decide to private party sell your vehicle and not use it as a trade in, you have to make sure the over and above from wholesale trade in cost and private party sell cost will cover the full tax amount of any new vehicle purchase or you are losing money not using it as a trade in.
- New vehicle cost $50K
- Trade in vehicle is $30K
- You only pay tax on $20K for the new vehicle and not the full $50K
Great price.I bought my 2020 sport S w towing and limited slip & hardtop w 5000 miles last year for $33k plus tax etc.with couple years left on warranty.![]()
I feel like it was a steal, love the truck! Didnt know I would love the firecracker red so much!
pic from Joshua tree lunch stop
Im amazed that a 5 yr. Old truck only has 5k miles.Great price.
I put 1,000-2,000 miles a year on my vehicles. My wife's 2021 has like 7,000 miles on it now. My Mom's 2014 has around 15,000. I'm more amazed when vehicles are only a few years old and hitting 100k.Im amazed that a 5 yr. Old truck only has 5k miles.
Dude I put 2800 on my Jeep every month in just 20 days driving not counting weekend miles which is usually several hundred. If I only did a 1000 per year I would have to be 142 yrs.old to put the miles that I have already on mineI put 1,000-2,000 miles a year on my vehicles. My wife's 2021 has like 7,000 miles on it now. My Mom's 2014 has around 15,000. I'm more amazed when vehicles are only a few years old and hitting 100k.
Willy Wonka's wow didn't know they was real.I recently purchased two gladiators, one for the wife and myself.
2025 Willys MSRP was 52K, paid 38K out the door
2025 Sport MSRP was 42k, paid 32K out the door
On both gladiators i used the current incentives, the dealerships also heavily discounted the vehicles, AND I negotiated on top of it, got an additional $500 off the Willys and 1K on the Sport.
Also on the Sport I used loyalty incentive for 1,500 and golden tickets for both vehicles.
I guess I got screwed.Ive always paid the full tax on a new vehicle with a trade in.This is in Ca.Pay 50000,trade in 20000.you pay tax on 50000 for the new Jeep.Not sure what the sales tax code is in all the states but in California, you do not pay sales tax on the trade in amount. That alone can influence wanting to trade in a vehicle instead of selling it.
I just looked up the current tax code and you are correct! Looks like CA no longer gives you a tax break for trade ins. Not sure when this changed.I guess I got screwed.Ive always paid the full tax on a new vehicle with a trade in.This is in Ca.Pay 50000,trade in 20000.you pay tax on 50000 for the new Jeep.![]()