Dejavu
Senior Member
- First Name
- Nick
- Joined
- Mar 25, 2020
- Threads
- 10
- Messages
- 146
- Reaction score
- 61
- Location
- NH, US
- Vehicle(s)
- 2020 CTR
If I live in tax free state then it means it's a bad deal?The only advantage to trading in, is that you'll pay less in taxes for your new car. Buy a $40,000 car and trade in your old one for $20,000 and you only pay taxes on $20,000. But, do the math. They will probably offer you $5,000 less than your used car is worth because they need to make a profit when they sell that, too.
Rarely will you come out ahead by trading in.
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