Quote:
quote:Originally posted by GLS3950
Richfaa one thing to think about is the trade in you don't pay taxes on, so if you sell yours out right then use that to put down on the new one you pay taxes on that money.
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In my state, makes no difference if you trade or sell yourself. The amount you get from the trade/sale of the old vehicle is deducted from the amount you paid for the new vehicle...and that is what you pay taxes on.