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Sell it yourself. You'll get raped if you trade it in.
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#3 (permalink) |
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Track Member
![]() Join Date: Jul 2009
Location: Dallas
Posts: 981
Drives: Touring/Sport M6 PG
Rep Power: 18 ![]() ![]() ![]() |
In Texas if you sell it yourself then you will lose the tax savings on the new car. In example on a $30k trade in it would be $1875 in tax savings on new car. So even if you get raped on the trade in price you might come out better.
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#4 (permalink) |
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Base Member
Join Date: Jul 2013
Location: AZ
Posts: 20
Drives: 2014 WRX Hatchback
Rep Power: 13 ![]() |
Good point on the tax savings.
Another concern I have is that I am currently on a 0% APR loan, which is pretty nice obviously. I don't believe I'll be able to do that when I buy a used car. |
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#5 (permalink) |
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A True Z Fanatic
Join Date: May 2013
Location: Columbus, OH
Posts: 5,051
Drives: 2013 Silver 370z
Rep Power: 3391 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
Not true, not if its a non nissan dealer and they don't know what invoice and 14's are running. Their nada books might not show the 14 price drops yet. And trading used for new gets a tax break. For example he paid 35k, that's $2450 in my taxes. If he buys another 35k car and gets 29k for his, he only pays taxes on the 6k. That's only $420. So really he didn't get 29k for his car, he got $31,030. He'd have to go through all the BS phone calls, listings, showings, retarded people showing up and test driving etc and try for 31k just to break even with a dealer.
Edit, O Sh*t, DR already said this.
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13 370z- Last edited by synolimit; 12-19-2013 at 12:25 PM. |
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