Quote:
Originally Posted by jamala00
Not sure if PA is like WI, but in WI whatever trade value you get for your car you take off the new car and don't pay taxes on that amount. So if you are only going to ask a couple grand over trade value.... (if PA is like WI), you might as well just trade it in as the tax savings would be close to a couple grand anyway. Why hassle with selling it privately.
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Same rules here. And yep I will do the math before listing a price. Thing is, dealers are listing their trade ins SIGNIFICANTLY more than what they are paying for them these days. So I feel like if I list mine 3-4 grand over trade in I’ll make 1-2k after subtracting potential tax savings and someone will get a decent deal on a used Camaro. I also acknowledge that it might not be worth the hassle as dealing with people can be tough when it comes to selling something.