Kyrieville
Sixth Man
- Joined
- Feb 13, 2009
- Messages
- 2,667
- Reaction score
- 1,782
- Points
- 113
Shakalu: Question for you.
If I trade in a car and buy a new or used car, the trade in value acts as a coupon and that amount is not taxed. For example, $12000 car, $7000 trade-in, I pay sales tax on $5000. Is the same not true for a lease?
If I trade in a car and buy a new or used car, the trade in value acts as a coupon and that amount is not taxed. For example, $12000 car, $7000 trade-in, I pay sales tax on $5000. Is the same not true for a lease?