12-06-2013, 04:37 PM
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#18 (permalink)
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Banned
Join Date: Feb 2011
Location: monticello new york 127
Posts: 1,095
Drives: 08 350z black 6m/t
Rep Power: 0
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Quote:
Originally Posted by shawnski
You only pay tax and title fees for amount of your current pay off .. Another option u have is to trade the car and get something else just like if you financed the car.
It does not hurt to see what your car worth of you trade it in, might have equity, no equity but save on tax , the worse case you are upside down.
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When I said "you're a bit wrong" was because you sounded like he didn't pay sales taxes when he leased.
Now I don't understand what you mean by "no equity but save tax" ???? I don't understand that either.
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