Quote:
Originally Posted by Skillet173
Just did a truck upgrade myself where I was considering trading my previous in. Naturally they lowballed me even though truck was a 2014 with only 49,000 miles in pristine shape. They said they only wholesale trades and were not willing to give me KBB. I ended up selling to my future son in law who has been after it since day he saw it. He got a smoking deal!
HOWEVER, and reason for post:
Don't forget if you trade a vehicle in they deduct trade value from purchase BEFORE taxes (which in this lovely state of NY equated to just shy of $3,000). So if you sell outright add the tax to price.
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Skillet is correct. You should factor in sales tax if it applies to you. Trading in at $36k compared to selling at $40k(private party, carmax) at 8% sales tax rate would be a near wash and I would trade in to skip private party hassle and time.
https://www.findthebestcarprice.com/...in-calculator/