02-22-2012, 06:36 PM
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#8 (permalink)
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A True Z Fanatic
Join Date: Apr 2010
Location: .
Posts: 42,608
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Quote:
Originally Posted by ImportConvert
I bought my Z06 in LA last year.
If I trade it in LA, the state gives me tax credit and I do not have to pay TT&L on the car I trade for if it is of lesser value, just paperwork to the dealership to file for my tags.
If I trade my car OUT of state, I will have to pay TT&L IN-STATE for the car I bring back.
That adds about $3500 to the 370Z. Unacceptable considering that money doesn't have to be spent, and won't go toward principal.
I was confused, too, until I spoke with the bank.
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Ah, I see the rub now. Yes, that is very annoying. Any chance of getting the car transferred? I mean, it may still be additional cost, but may be less than 3500 if they're willing to do it. Still, on principle, you shouldn't have to pay a dime.
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