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Old 02-24-2017, 09:47 AM   #56
Factorypilot
 
Drives: 2016 Camaro SS
Join Date: Dec 2015
Location: Texas
Posts: 355
Quote:
Originally Posted by JetBlast77 View Post
You are from Texas and you have to considery that when trading in it reduces the amount of sales tax you pay. You buy a $50000 car and you get $30000 for your trade in and you only pay sales tax on $20000. And at 6.25% that's a good chunk of cash. So you would have to sell the car for that much higher to equal what you got as a trade in.
Yeah good point. I forgot about the taxes you have to pay on a private sale. LAME.
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